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May. 30, 2013, 5:58 PMMGM Energy (MGMCF.PK) is abandoning four exploration licenses on the Mackenzie Delta in Canada's Northwest Territories, underscoring the challenges of developing the infrastructure-starved region’s trove of natural gas. The decision frees MGM from work commitments, including a $6.3M payment due in June. | 2 Comments
MGMCF vs. ETF Alternatives
MGM Energy Corp. is a Canadian energy company focused on the acquisition and development of hydrocarbon resources in Canada's Northwest Territories and Arctic regions. The Company's business strategy is to acquire interests in prospective lands and existing discoveries in the Canadian North, and... More
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