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Bullboard - Stock Discussion Forum
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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TSX:MEG - Post Discussion
MEG Energy Corp
> well downtrend it is
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invest888123
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Post by
invest888123
on Nov 19, 2021 1:59pm
well downtrend it is
glad i sold in the high 11's. will wait to buy around low 8's.
seems like the bullish trend is gone and now treading lower
(943)
•••
MigraineCall
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Comment by
MigraineCall
on Nov 19, 2021 2:23pm
Good luck with that. I cant see this temporary pullback in oil making so much difference in the big picture, nothing has changed. I thought i was going ot be smart too, and did the same when it ran up to around 2.80, took my profits, then watched it run up to 4.50. Bought in again at 4.30, but with about 100000 less shares. Was very thankful and glad to get back on the train as it left the
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