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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 > MEG CANCELLED Another USD 11.7+M In 7.125% 2027 Notes
View:
Post by ztransforms173 on Sep 12, 2023 7:06pm

MEG CANCELLED Another USD 11.7+M In 7.125% 2027 Notes

- in 3 different REPURCHASE transactions

- the WTI/WCS Price Differential CLOSED at MINUS USD 18.15 per barrel Monday September 11, 2023

- it appears that TMX pipeline opening is going to be DELAYED past the Q1/2024 timeline due to DRILLING TUNNEL PROBLEMS near the BC coast
which is BAD NEWS for MEG and other TMX shippers

z173
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