MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas Refining & Marketing

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.

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MEG Energy Corp > MEG sides with Trudeau?

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Comment by TheWokeLemmingon Jan 22, 2023 5:12pm

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Post# 35238784

RE:RE:MEG sides with Trudeau?

jleer42 wrote: You will need to stay out of the oilsands period, not just MEG.

TheWokeLemming wrote: Cozying up to Trudeau to acquire subsidies is not something I can support. While I've invested in MEG in the past, I won't be back.

Easy enough. In that case the industry can screw themselves and the populace can press for much higher royalties. The industry should benefit the people but it seems like MEG just wants taxpayer funding instead.

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