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 > Nuttall is making things up when he talks about 20% free

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Post by drunk@noonon Mar 26, 2023 8:06am

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Post# 35361069

Nuttall is making things up when he talks about 20% free

cashflow yeild at 70 wti. Company's latest presentation has them down for 700 mill free cashfllow at *80 dollar Wti. That's 12.5 %,. Dude's a shameful shame and BNN has him as a market call guest every 4 weeks.

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