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.

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Comment by Moemoney42on Jan 26, 2023 3:24pm

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Post# 35248575

RE:Looks like

Moemoney42 wrote: MEG is holding its own today with crude whipping around as usual.. I'd love to see that WCS discount narrow by another $10 bucks though.. and with Transmountain nearing filling by the end of this year it appears traders are moving ahead of the effect that will have on WCS... IMO.. ;-)

Quote: "The Financial Post reports in its Tuesday, Jan. 24, edition that MEG Energy, an oil shipper on Canada's Trans Mountain Expansion project, said on Monday the pipeline is expected to start filling with oil in late 2023 and be fully operational early next year."

I've done a bit of research and can't find any data on how many barrels of crude it takes to fill the T.M. Expansion.. anyone here have those numbers..?
Thanks in advance.

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