MEG Energy Corp MEGEF

Primary Symbol: T.MEG

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 > Q2

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Comment by Fuzman5902on Jun 29, 2024 11:02am

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Post# 36112022

RE:Q2

Looks as if Q2 production will be 3-4 % lower, coupled with TMX line fill bitumen sales somewhere in the 95-96 range?

How impactive is Line Fill?

With the lower production I'm assuming Capex goes up, Speaking of Capex how much of the

$ 100M will be accounted for?

Do they squirrel away another $ 52M?

Way to many variables for an accutate fcf guess.

My guess Debt target hit mid July

Regards Fuz

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