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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 > SHOUTOUT: MEG 'Might' TAKE A CRACK AT Greenfire Resources ?
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Comment by robert41on Sep 20, 2024 10:54am
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Post# 36233093

RE:RE:RE:SHOUTOUT: MEG 'Might' TAKE A CRACK AT Greenfire Resources ?

RE:RE:RE:SHOUTOUT: MEG 'Might' TAKE A CRACK AT Greenfire Resources ?I agree ....cash is king always .....they will have an opportunity at some point but don't need to do it now.  Meg will reach its debt target this fall. There will be shocks in the oil market there always is putting yourself in a position to take advantage of that is key. 
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