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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... see more

TSX:MEG - Post Discussion

MEG Energy Corp > PRICING & BOP VOLUME ARE ALIGNING NICELY For Q2/2024
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Post by ztransforms173 on Apr 22, 2024 3:45pm

PRICING & BOP VOLUME ARE ALIGNING NICELY For Q2/2024

- STRONG WTI pricing along with a COMPRESSING WTI/WCS Price Differential and MINIMUM TURNAROUND BOP REDUCTION are SUPPORTING MEG for a VERY STRONG Q2/2024 QUARTER

* WTI/WCS price differential was LESS THAN USD 12 per barrel on the April 19, 2024 WTI June 2024 futures contract CLOSE

* I am 'EXPECTING' BOP in Q2/2024 to be HIGHER than 105,000 bbls/d {a MASSIVE INCREASE and DEVIATION from the PREVIOUS Q2 QUARTERS}

z173
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