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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 Nov 22, 2024 1:46pm
28 Views
Post# 36326380

RE:RE:Eric the Nut will steal candy from a kid any day of the week

RE:RE:Eric the Nut will steal candy from a kid any day of the weekmeg is a go regardless of trudope whos thankfully gone in a landslide. Be prepared for him to try and get quebec and ontario back on side with loads of financial gifts....Megs low float and going lower endless reserves and super low debt should lead to a massive increase in the divi down the road once they hit the share buy back target. what ever that target maybe. Goldman predicting 75 oil in 2025 should have meg buying back 25 milion ish shares in 2025 at least...fcf should be north of 800m and it all goes to buybacks.
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