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... see more

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TSX:MEG - Post Discussion

MEG Energy Corp > Q3/2023 Average Prices: WTI: USD 82.26/Bbl. NG: C $ 2.76/Mcf

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Post by ztransforms173 on Oct 31, 2023 4:18pm

Q3/2023 Average Prices: WTI: USD 82.26/Bbl. NG: C $ 2.76/Mcf

- so WCS @ ~ USD 69 per barrel

- which means that ABB is ~ USD 67 per barrel (?) @ EDMONTON but MEG sells ~ 2/3 of their BOP at the US Gulf Coast and then there is the ~ USD 9 per barrel in TRANSPORT PIPELINE COSTS to go from Chistina Lake AB to Houston TX

- so a GREAT QUARTER from a HIGH DILUTED BITUMEN PRICE REVENUES and LOW NATURAL GAS PRICE EXPENSES point of view

- so I am EXPECTING one of their TOP 5 QUARTERS in the company's HISTORY

- BOP at 102-103K bbls/d ?

z173

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