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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 > BULLETPROOF: MEG has SURPASSED USD 600M NET DEBT TARGET !
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Comment by robert41on Oct 01, 2024 10:00am
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Post# 36248107

RE:RE:RE:RE:BULLETPROOF: MEG has SURPASSED USD 600M NET DEBT TARGET !

RE:RE:RE:RE:BULLETPROOF: MEG has SURPASSED USD 600M NET DEBT TARGET !About time heck of a move this morning has to be one of the best out there for torque low share float and going lower low debt 100k plus in production and going higher access to tmx for higher oil prices. I think rbc target of $35 is low I'm extremely biased given its my largest holding now. If we even get back to $75 oil the cash flows will be crazy. GLTA 
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