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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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

Comment by Paray99on Dec 08, 2022 4:30pm
212 Views
Post# 35160260

RE:canada oil discount

RE:canada oil discount

cashtango00 wrote: Canadian oil sells at a discount to Russian oil.  Given all the restrictions and caps on Russian oil, thats a pretty sad testament to our energy policies in this country.  pathetic leadership. 

 

When it comes to Canadian natural resource industries, it is a joke for decades. We have worlds best resources, that too almost everything from coal, precious and other metals that you can think of,  lithium, uranium, oil, natural gas, lumber, fresh water, largest farm lands, lakes, marine resources, and the list goes on... but none of these were managed proper. Today, Trudeau was telling that laws will be made to stop China getting into our minerals! Ha ha ha.... These guys like live jokes!

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