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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

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

Comment by vwbusmanon Sep 06, 2024 8:18am
91 Views
Post# 36211306

RE:RE:RE:August NCIB: ~ $ 28M In Share BUYBACKS (21 Transactions)

RE:RE:RE:August NCIB: ~ $ 28M In Share BUYBACKS (21 Transactions) Will be nice to see September buybacks increased, especially with the share price in the dumper.  However - there will be less funds available for buybacks with the lowered WTI trend.
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