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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

Post by Paray99on Dec 14, 2022 10:53am
301 Views
Post# 35170827

US need good Math guys to calculate their oil inventories!

US need good Math guys to calculate their oil inventories!

I have serious doubt when the reports show that US inventories rose 10M barrels, while they expected 3.5M barrels draw. Either they are lying or their department need some one with basic maths skills. Are they employed with the idiots? 

Also, why Biden is still releasing from SPR, if they have too much rise in the inventories? 

Oil is going to come out of all these scams and will go up to hit $80 by end of this week and then start its race to $100.

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