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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 Jan 13, 2023 9:06am
432 Views
Post# 35220656

RE:RE:RE:MEG on BNN

RE:RE:RE:MEG on BNN

Totally agree with that. MEG has the potential to double from here once oil stay above $100. And, that is going to happen. 

But scammers are here too.... Look at the 4100 shares at ask price $19 and 3100 shares at bid price $19 at 9:00am today. Some idiots not watching the market will try to sell higher than this, that is at $19.10, ignoring yesterdays close at $19.35 and todays potential to climb to $20.

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