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 > MASSIVE EXECUTIVE INSIDER TRANSACTIONS

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Comment by robert41on Mar 22, 2024 11:23am

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Post# 35947194

RE:RE:MASSIVE EXECUTIVE INSIDER TRANSACTIONS

When you are exercising your rights that were granted to at an earlier date most don't have the cash so they exercise and sell to collect the difference immediately...happens with every company. Part of incentive programs company's offer. Stock is up since they all exercised just part of the business as I see it.

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