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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 Moemoney42on Oct 12, 2024 12:24am
138 Views
Post# 36263635

RE:RE:It Does NOT APPEAR That He Was At The TSX OPENING

RE:RE:It Does NOT APPEAR That He Was At The TSX OPENING
robert41 wrote: Smart guy life is short.... anyone have any thoughts on a buyback goal where they feel the float is where they want it I don't see that discussed anywhere. Once that happens what's next ? I suspect  moving this divi up to a juicy divi or special divis. 

One thing for sure is its time to bump that divi to a competitive level, which in todays market should be 4X larger than it is today.. either that, or a special dividend by years end to show shareholders they have our interests in mind too.. IMO
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