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 > New breakout today for MEG.

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Comment by riskion Oct 27, 2023 2:31pm

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Post# 35704666

RE:RE:RE:New breakout today for MEG.

Well done. This was a bit of a dog for a while when everything else was running hot, so congrats on sticking with it.

I have MEG about that same price and still holding, but my average cost is higher because I had it going into to the crash. My ACB is just over $3.50. Still love this company and expecting additional great returns.

Moemoney42 wrote:
mrbb wrote:
60606060 wrote: Now we will see a new evaluation of this stock as Eric N. predicted months ago. Perhaps we'll see $32 by Nov.

i wonder who's here still holding their MEG shares they got for under $5. :D

Pick me... April 3/2020 at $2.19/share.. smiling all the way to $30+/sh.. ;-)