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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.


TSX:MEG - Post by User

MEG Energy Corp
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•••
Post by ztransforms173on Apr 22, 2024 3:45pm
181 Views
Post# 36001958

PRICING & BOP VOLUME ARE ALIGNING NICELY For Q2/2024

PRICING & BOP VOLUME ARE ALIGNING NICELY For Q2/2024- STRONG WTI pricing along with a COMPRESSING WTI/WCS Price Differential and MINIMUM TURNAROUND BOP REDUCTION are SUPPORTING MEG for a VERY STRONG Q2/2024 QUARTER

* WTI/WCS price differential was LESS THAN USD 12 per barrel on the April 19, 2024 WTI June 2024 futures contract CLOSE

* I am 'EXPECTING' BOP in Q2/2024 to be HIGHER than 105,000 bbls/d {a MASSIVE INCREASE and DEVIATION from the PREVIOUS Q2 QUARTERS}

z173

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