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Bullboard - Stock Discussion Forum 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... see more

TSX:MEG - Post Discussion

MEG Energy Corp > A Am Bit Late But MEG PAID OFF $ 27+ M Of 7.125% 2027 Notes
View:
Post by ztransforms173 on Sep 10, 2023 1:53pm

A Am Bit Late But MEG PAID OFF $ 27+ M Of 7.125% 2027 Notes

Filed 2023-08-28 12:21
 
Tx date 2023-08-23
$MEG
MEG Energy Corp.
MEG Energy Corp.
1 - Issuer
Direct Ownership
Notes 7.125% Senior Notes due 2027
38 - Redemption, retraction, cancellation, repurchase

-$27,267,000 vol
$0  
Filed 2023-08-28 12:20
 
Tx date 2023-08-23
$MEG
MEG Energy Corp.
MEG Energy Corp.
1 - Issuer
Direct Ownership
Notes 7.125% Senior Notes due 2027
38 - Redemption, retraction, cancellation, repurchase

+$27,267,000 vol
$27,267,000

- I guess they TOOK ADVANTAGE of the MARKET VOLATILITY  and BOND AVAILABILTY for SALE

- normally, it is NOT EASY to buy such a LUMP SUM

- they had NO share buybacks in August 

- it LOOKS LIKE they HIRED a NEW officer:

Michael Joseph DLUGAN 

z173
Comment by ztransforms173 on Sep 10, 2023 1:58pm
Chopped Off part: 27,267,000 - that is a NICE CHUNK of money even for MEG Energy z173