CALGARY, ALBERTA--(Marketwired - Jan. 24, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MEG Energy Corp. ("MEG") (TSX:MEG) announced today that it has closed its previously announced public offering on a bought deal basis (the "Offering") of 66,815,000 subscription receipts (the "Subscription Receipts"), including the 8,715,000 Subscription Receipts issuable on exercise of [...]
CALGARY, ALBERTA--(Marketwired - Jan. 12, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MEG Energy Corp. ("MEG" or the "Company") (TSX:MEG) announced today that the underwriters of the Company's previously announced public offering (the "Offering") of subscription receipts (the "Subscription Receipts") have exercised in full the over-allotment option granted by the Company [...]
CALGARY, AB--(Marketwired - January 12, 2017) - MEG Energy Corp. (TSX: MEG) announced today the pricing of its previously announced private offering of US $750 million in aggregate principal amount of new senior secured notes due 2025 (the "Secured Notes"). The Secured Notes will initially be issued through a wholly-owned subsidiary of MEG. The Secured Notes will bear interest at a rate of 6.50%. MEG intends to use the [...]
CALGARY, ALBERTA--(Marketwired - Jan. 12, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MEG Energy Corp. ("MEG" or the "Company") (TSX:MEG) announced today that, due to strong demand, the Company has increased the size of its previously announced public offering to 58,100,000 subscription receipts (the "Subscription Receipts"), at a price of $7.75 per Subscription Receipt [...]
CALGARY, ALBERTA--(Marketwired - Jan 12, 2017) - MEG Energy Corp. (TSX:MEG) announced today that is planning to commence, subject to market and other conditions, a private offering of US $750 million in aggregate principal amount of new senior secured notes due 2025 (the "Secured Notes"). The Secured Notes will initially be issued through a wholly-owned subsidiary of MEG. MEG intends to use the net proceeds, together with [...]
MEG Energy announced today comprehensive refinancing transactions which are expected to support a strengthened balance sheet, as well as increased production and reduced costs through an expansion of the Company's growth program. The refinancing plan retains the covenant...
CALGARY, AB--(Marketwired - October 27, 2016) - MEG Energy Corp. (TSX: MEG) today reported third quarter 2016 operating and financial results. Highlights include: Near-record production volumes of 83,404 barrels per day (bpd); Cash flow from operations of $23 million, or $0.10 per share; Record low non-energy operating costs of $5.32 per barrel, supporting net operating costs of $7.76 per barrel; Record low general [...]
CALGARY, AB--(Marketwired - October 20, 2016) - MEG Energy Corp. (TSX: MEG) announces that it intends to release its financial results for the third quarter ended September 30, 2016 on Thursday, October 27, 2016. A conference call will be held to review the financial results at 8:30 a.m. Mountain Time (10:30 a.m. Eastern Time) on Thursday, October 27, 2016. The U.S./Canada toll-free conference call number is 1 [...]
CALGARY, AB--(Marketwired - July 28, 2016) - MEG Energy Corp. (TSX: MEG) today reported second quarter 2016 operating and financial results. Highlights include: Record first half production volumes of 79,883 barrels per day (bpd) with second quarter production of 83,127 bpd and post-maintenance production volumes above 86,000 bpd in May and June; Record-low quarterly net operating costs of $7.43 per barrel, supported by [...]
MEG Energy announces that it intends to release its financial results for the second quarter ended June 30, 2016 on Thursday, July 28, 2016. A conference call will be held to review the financial results at 8:30 a.m. Mountain Time on Thursday, July 28, 2016. The U.S./Canada toll-free conference call number is 1 866-223-7781. The international/local conference call number is 416-340-2218. A recording of the call will be [...]
MEG Energy announces that it intends to release its financial results for the second quarter ended June 30, 2016 on Thursday, July 28, 2016. A conference call will be held to review the financial results at 8:30 a.m. Mountain Time (11:00 a.m. Eastern Time) on Thursday, July 28, 2016. The U.S./Canada toll-free conference call number is 1 866-223-7781. The international/local conference call number is 416-340-2218. A [...]
CALGARY, AB--(Marketwired - June 29, 2016) - MEG Energy Corp. (TSX: MEG) announces voting results from its Annual and Special Meeting of Shareholders held on June 28, 2016. Shareholders elected all directors nominated by management, the results being as follows: Director Vote For Withhold Vote # % # % William J. McCaffrey ...