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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 robert41on Oct 02, 2024 12:47pm
94 Views
Post# 36250200

RE:RE:RE:RE:RE:CONFIRMATION Of LIQUIDATION Of USD 1,200M 2027 7.125% Notes

RE:RE:RE:RE:RE:CONFIRMATION Of LIQUIDATION Of USD 1,200M 2027 7.125% NotesFair points...hey if someone takes a run at Meg it's not a bad thing you move on with a nice profit..we've seen markets be bad yet there aren't as many acquisitions as you would think remember 2020 if you were cash rich or had leverage with a low float you could have picked up crew Nva Bir avv etc for Pennie's yet no one did well cnq got painted pony. Cash and leverage is king always and Meg is leading the way with low debt low float. so who knows we are all guessing and hoping. At the end of the day we maybe sitting here in year or collecting a fat divi which I'm ok with. 
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