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Bullboard - Stock Discussion Forum
MEG Energy Corp
T.MEG
Alternate Symbol(s):
MEGEF
Energy
Oil & Gas E&P
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
> Nymex $9.42US, AECO $0.69 WTF???
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•••
MigraineCall
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Post by
MigraineCall
on Aug 19, 2022 9:20am
Nymex $9.42US, AECO $0.69 WTF???
Alberta gas is almost negative. Now cheaper to flare it off.
This low price has got to help MEG's bottom line.
https://twitter.com/garquake/status/1560613549730308096
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•••
cashtango00
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Comment by
cashtango00
on Aug 19, 2022 9:33am
Canada's inability to build infrastructure is an embarrassment of epic portions. imagine the money we have left on the table due to poor gov't policy. so sad
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