oxygen: January 24, 2015 at 9:52 am (Quote) PHILIP ANG, do a - TopicsExpress



          

oxygen: January 24, 2015 at 9:52 am (Quote) PHILIP ANG, do a check on Meg Energy Corp (from your listing – SOURCE – in this article publishing). It deals with oil sand extraction in Alberta, the costs of that is even much higher than shale oil breakeven point. MEG.TO was bought in 2007. Don’t know what price they paid for. But the chart looks plunging like this FTS International. https://sg.finance.yahoo/echarts?s=MEG.TO#symbol=MEG.TO;range=5y This company “hid” its annual report, try download its latest 2013 annual report – it turned up blank page. Don’t know why Meg Energy could be a dead corpse if oil price stays at current level if its balance sheet is heavily geared.
Posted on: Sat, 24 Jan 2015 08:25:06 +0000

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