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 > dividend

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Comment by Moemoney42on Jul 26, 2024 12:31pm

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Post# 36150056

RE:RE:dividend

Excellent news this AM.. that divi will allow dividend funds to buy in now.. a whole new group of investment houses that couldn't before.. I also agree with some posters here we could see a steady increase in divi's over the coming quarters as the debt gets paid off.. I'm a happy camper with these numbers..!! ;-)

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