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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

Post by ztransforms173on Sep 24, 2024 1:57pm
159 Views
Post# 36238770

MY Calculations Were CORRECT: MEG ELIMINATES 2027 NOTES !

MY Calculations Were CORRECT: MEG ELIMINATES 2027 NOTES !
2027 7.125% Notes LEFT TO REDEEM and CANCEL:

* by my calculations: USD 57 million

z173


https://stockhouse.com/companies/bullboard?symbol=t.meg&postid=36192743

^^^

from SEDI:


Filed 2024-09-24 10:40
 
Tx date 2024-09-24
$MEG
MEG Energy Corp.
MEG Energy Corp.
1 - Issuer
Direct Ownership
Notes 7.125% Senior Notes due 2027
38 - Redemption, retraction, cancellation, repurchase

-$57,000,000 vol
$0  
Filed 2024-09-24 10:38
 
Tx date 2024-09-24
$MEG
MEG Energy Corp.
MEG Energy Corp.
1 - Issuer
Direct Ownership
Notes 7.125% Senior Notes due 2027
38 - Redemption, retraction, cancellation, repurchase

+$57,000,000 vol
$57,000,000  

***

- FANTASTIC JOB

- SO MEG is IN FACT BELOW their USD 600 million MINIMUM NET DEBT TARGET IF you ADD BACK IN the CASH + CASH EQUIVALENTS ON THE BALANCE SHEET

- DID they CHANGE their TARGET ?

- something is UP ?

z173

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