Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 ztransforms173on Sep 25, 2024 10:24am
62 Views
Post# 36240112

RE:RE:RE:Scotia Capital

RE:RE:RE:Scotia Capital- THOSE are JUST STEAM PIPING OPTIONALITY [and AI-CONTROLLED STEAM VALVES and DAMPERS] and NOT GREATER STEAM GENERATION which REQUIRES ADDITIONAL CO-GENERATION PLANT CAPACITY WHICH IS VERY CAPITAL INTENSIVE and COULD ONLY BE DONE in COMMERCIALLY AVAILABLE INCREMENTS

- REMEMBER that MEG is TRYING to CUT DOWN the STEAM TO OIL RATIO (SOR) to LOWER the PER UNIT CARBON EMISSION INTENSITY {by GREATER USE of SOLVENTS in the STEAM MIX} and OPERATING COSTS as well {LOWER natural gas FEEDSTOCK EXPENSES}

- the CEO STATED in the Q2/2024 CC that MAXIMUM BOP 'could' REACH 135,000 bbls/d DEPENDING ON the SIZING of the THIRD PROCESSING TRAIN so UP TO  + 25,000 bbls/d BOP

- HOWEVER, in the MEG September 2024 PRESENTATION; they WRITE the 15,000 bbls/d CAPACITY INCREASE for the third processing train

z173


<< Previous
Bullboard Posts
Next >>