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 > Eric Nutttall 'SEES' 2% BASE DIVIDEND For MEG On DEBT TARGET

<< Previous

Bullboard Posts

Next >>

Comment by robert41on Apr 24, 2024 12:46am

140 Views

Post# 36004448

RE:Eric Nutttall 'SEES' 2% BASE DIVIDEND For MEG On DEBT TARGET

Who cares.....at $80 to $85 oil Meg will be at $50 bucks in a year that's much better than a divi for now let's get that float down in the next year or two and then see about a divi. I'm in no rush to see a sizeable divi.

<< Previous

Bullboard Posts

Next >>

NTG Clarity Networks' growth story continues with $22M contract