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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MEG Energy Corp > Stupid crude build up in US….

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Post by Paray99on Feb 15, 2023 4:56pm

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Post# 35288477

Stupid crude build up in US….

Today US was successful to bring a bearish outlook to the oil market with their stupidly erroneous crude build up data. When Biden is announcing 26M release from the SPR, what does it mean to have a 16.6M build up last week?

They are playing all the tricks. I think they add an imaginary 15M from the SPR to the actual data, without even being releasing it.

One day, Biden's men will show the entire SPR as their crude build up... wait and see guys....

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