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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

Post by ztransforms173on May 29, 2023 2:10pm
313 Views
Post# 35469014

2022 SOR GHG Intensity Average: 58.6 Kilograms of CO2/Barrel

2022 SOR GHG Intensity Average: 58.6 Kilograms of CO2/Barrel- on a BOP of 95,338 bbls/d

- MEG is making progress and starting a lot better in 2023 on the carbon dioxide (CO2) emissions front mainly by increasing BOP with a lower pro-rata increase in steam injection relative to the increase in bitumen production

- from page 36: 2023 MEG Energy MIC

z173



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