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 > Me three

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Comment by aaaaaarghon May 16, 2024 4:39pm

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Post# 36044272

RE:RE:RE:Me three

Still really like the company. Just hoping to get back in at a lower price...... we'll see if it pays off or not in the end... Happy trading!!!!

Offgridtrader wrote: With MEG buying back stock and chewing through their NCIB like a f@t kid eats cake I'm sure they'd be happy to buy them off you...

With 100% FCF about to come our way and speculation about a base dividend I'd hate to miss the train when it leaves the station in the next quarter or two... I'm still well over 100% since my 2020 purchase and can patiently wait a few more months to click sell or collect my shiny new divi but to each their own.

GLTA.

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