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MEG Energy Corp MEGEF


Primary Symbol: T.MEG

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 Oct 07, 2024 1:24pm
101 Views
Post# 36256401

RE:With the CNQ/CDN CVX TAKEOVER, MEG Has COVER To BUY NVA

RE:With the CNQ/CDN CVX TAKEOVER, MEG Has COVER To BUY NVA- INTERESTING that Chevron KEPT the Canadian OFFSHORE ATLANTIC crude oil production but UNLOADED the MINING BITUMEN/REFINING SCO 20% OWNERSHIP in the Athabasca Oil Sands Project (AOSP)

- they were 'probably' SCARED OFF by the CARBON TAX and the PROPOSED EFFECTIVE CARBON EMISSION CAP by the ANTI-OIL Liberal COMMUNISTS

- SHELL KEPT their 10% INTEREST in ASOP and STILL OPERATE the SCOTFORD UPGRADER

- Shell was the ORIGINAL DEVELOPER of the ASOP

- CNQ is FOLLOWING the Suncor Energy PATH by WAITING OUT their PARTNERS until they GIVE UP and QUIT

z173


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