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 > Meg buybacks for May

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Comment by aaaaaarghon Jun 05, 2024 10:33am

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Post# 36073115

RE:Meg buybacks for May

Sometimes they do share buybacks.....sometimes they buy back senior notes (debt). In May, Meg bought back 37,175,000 worth of debt....

CJInvestor wrote: I don't see anything posted for Meg for May yet on stockhouse but I do for other companies. Did they not do buybacks in May and that's why the share price did so poorly?

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