Post by
Opportunus on Aug 26, 2014 12:06pm
MEG's connection complete
MEG is growing its production rapidly. They are desperately in need of transportation means to get their oil out to the market. The following is an excerpt from The Alberta Oil Sands Industry Quarterly Update Summer 2014: "MEG Energy Corp. is now moving oil sands crude on unit trains. Concurrent with the fourth-quarter ramp-up of production at the company’s Christina Lake SAGD project, MEG commissioned its proprietary 900,000-barrel Stonefell storage terminal and completed its proprietary pipeline connection to Canexus Corporation’s rail loading facility at Bruderheim, Alta., establishing the first direct wellhead to rail pipeline connection in the Canadian oil industry. The first unit train of MEG product was loaded in December with additional unit trains loaded in January."
Comment by
itsalie on Aug 26, 2014 1:02pm
good post.. this thing is going to start pumping out the cash..
Comment by
bigkagan on Aug 26, 2014 4:20pm
this is old news, we should be getting new news this week about Bruderheim completion hopefully