MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas E&P

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.

TSX:MEG - Post by User

MEG Energy Corp > Biden getting ready to fill SPR at 70

<< Previous

Bullboard Posts

Next >>

Comment by Paray99on Dec 06, 2022 12:14pm

175 Views

Post# 35153641

RE:Biden getting ready to fill SPR at 70

cashtango00 wrote: old senile man reading the oil market better then Nuttall. LOL

Yes, US is very desperate now to get it filled, so the price pull down. Once they are filled, they will tell that there is no rate hike. Europe is not supporting these rate hikes as they have huge crisis now. US economy will crash if there are more hikes. These are all big drama and US is pressed to do this, as the stock markets are still alive.... They really want to see that the markets crashing big time. That is the only way they can tell that inflation is under control.

<< Previous

Bullboard Posts

Next >>

NTG Clarity Networks' growth story continues with $22M contract