MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas Refining & Marketing

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.

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MEG Energy Corp

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Comment by Canoutchieon Feb 06, 2025 2:37am

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Post# 36440093

RE:RE:RE:RE:Meg buy backs

ztransforms173 wrote: - the MEG share BUYBACKS in January 2025 are CLOSE to $ 70 MILLION and NOT $ 3.2 million !

z173

I think that was supposed to be 3.2 million shares, not 3.2 million dollars. Overall, a healthy level of buybacks which provide an alternative dividend to shareholders by reducing the overall float. Good to see.

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