CALGARY, AB --(Marketwired - April 28, 2016) - MEG Energy Corp. today reported first quarter 2016 operating and financial results. Highlights include: Quarterly production of 76,640 barrels per day (bpd), which includes the impact of planned turnaround work; Net operating costs of $8.53 per barrel, a decrease of 19% from the first quarter of 2015 and in line with record-low costs of $8.52 per barrel in the fourth [...]
MEG Energy announces that it intends to release its financial results for the first quarter ended March 31, 2016 on Thursday, April 28, 2016. A conference call will be held to review the financial results at 9:00 a.m. Mountain Time on Thursday, April 28, 2016. The U.S./Canada toll-free conference call number is 1 866-225-6564. The international/local conference call number is 416-340-2220. A recording of the call will be [...]
CALGARY, AB--(Marketwired - March 04, 2016) - MEG Energy Corp. (TSX: MEG) reports that it is resuming operations at its Christina Lake facilities. MEG continues to work with regulatory authorities as it restores operations following an incident yesterday at its Christina Lake sulphur plant. Previously, the company had already reduced its production rates as part of its annual maintenance program. At this time, there is [...]
CALGARY, AB--(Marketwired - March 03, 2016) - MEG Energy (TSX: MEG) has responded to and extinguished a small fire in the company's sulphur treatment facilities at its Christina Lake site today. The fire was confined to the sulphur plant and did not impact the integrity of the main processing facilities. There were no injuries and all workers on site are safe. Local communities, emergency response organizations and [...]
CALGARY, AB--(Marketwired - March 03, 2016) - MEG Energy Corp. announced today the filing of the corporation's 2015 year-end disclosure documents. MEG has filed with Canadian securities regulatory authorities its audited financial statements, Management's Discussion and Analysis and Annual Information Form for the year ended December 31, 2015. To review MEG's annual disclosure filings, please visit MEG's profile at [...]
Record-low operating costs, record-high production and strong liquidity continue to support MEG's position in a low-price environment; All financial figures in Cdn$ unless otherwise noted CALGARY, AB--(Marketwired - February 04, 2016) - MEG Energy Corp. (TSX: MEG) today reported fourth quarter and full-year 2015 operating and financial results. Highlights include: Record quarterly production volumes of 83,514 barrels [...]
MEG Energy announces that it intends to release its financial results for the fourth quarter ended December 31, 2015 on Thursday, February 4, 2016. A conference call will be held to review the financial results at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) on Thursday, February 4, 2016. The U.S./Canada toll-free conference call number is 1 800-396-7098. The international/local conference call number is [...]
All dollar figures are in $Cdn unless otherwise noted. CALGARY, AB--(Marketwired - December 04, 2015) - MEG Energy (TSX: MEG) announced today its 2016 capital investment plan and operational guidance. Highlights include: A 2016 capital budget of $328 million, approximately 70% of which is directed towards sustaining 2015 production levels and 20% towards capturing productivity gains associated with eMSAGP and [...]
Non-energy operating cost target reduced to $6.90 to $7.10 per barrel from $7.30 to $9.30 per barrel; All financial figures in C$ unless otherwise noted CALGARY, AB--(Marketwired - October 28, 2015) - MEG Energy Corp. (TSX: MEG) today reported third quarter 2015 operating and financial results. Highlights include: Net operating costs of $9.10 per barrel, supported by record-low non-energy operating costs of $5.98 per [...]
CALGARY, AB--(Marketwired - October 21, 2015) - MEG Energy Corp. (TSX: MEG) announces that it intends to release its financial results for the third quarter ended September 30, 2015 on Wednesday, October 28, 2015. A conference call will be held to review the financial results at 7:30 a.m. Mountain Time (9:30 a.m. Eastern Time) on Wednesday, October 28, 2015. The U.S./Canada toll-free conference call number is 1 [...]
CALGARY, AB--(Marketwired - October 07, 2015) - MEG Energy Corp. (TSX: MEG) announced today the appointment of Diana McQueen to its board of directors. Ms. McQueen brings energy and environmental public policy experience from regional, provincial and international levels, in addition to entrepreneurial experience in operating an independent business. In public service, Ms. McQueen has held various Alberta provincial [...]
CALGARY, AB--(Marketwired - August 31, 2015) - MEG Energy Corp. (TSX: MEG) announces today that it has formed a committee of the board of directors and has retained BMO Capital Markets and Credit Suisse. The committee and the financial advisors will assist management in the review of options available to the Corporation to utilize its interest in the Access Pipeline to reduce the financial leverage of the Corporation. The [...]