CALGARY, ALBERTA--(Marketwired - Dec 17, 2014) - All dollar amounts in $Cdn unless otherwise noted. MEG Energy (TSX:MEG) today announced a reduction to its 2015 capital program to $305 million from the original $1.2 billion budget. Previously released 2015 guidance remains unchanged, targeting a production increase of approximately 19% to 78,000 to 82,000 barrels per day at non-energy operating costs of $8 to $10 per [...]
2015 capital program is anticipated to be internally funded and enables the company to maintain medium-term growth targets averaging 10% to 15% per year CALGARY, ALBERTA--(Marketwired - Dec 4, 2014) - All dollar figures are in $Cdn unless otherwise noted. MEG Energy (TSX:MEG) today provided an update to its 2014 capital program and outlined its 2015 capital investment plan and production guidance. Highlights include [...]
CALGARY, ALBERTA--(Marketwired - Nov 5, 2014) - MEG Energy Corp. (TSX:MEG) ("MEG") today announced that it has expanded its senior secured revolving credit facility from US$2.0 billion to US$2.5 billion and has extended the maturity of the revolving credit facility by one year to 2019. The transaction was completed through an amendment of MEG's credit agreement, entered into with its existing syndicate of lenders. The [...]
CALGARY, ALBERTA--(Marketwired - Oct 29, 2014) - MEG Energy Corp. (TSX:MEG) today reported third quarter 2014 operating and financial results. Highlights include: Record quarterly production of 76,471 barrels per day (bpd), an increase of 11 per cent over second quarter 2014 results; Record non-energy operating costs of $7.16 per barrel with cash operating netbacks of $48.70 per barrel, a continuation of strong second [...]
CALGARY, ALBERTA--(Marketwired - Oct 22, 2014) - MEG Energy Corp. (TSX:MEG) announces that it intends to release its financial results for the third quarter ended September 30, 2014 on Wednesday, October 29, 2014. 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 29, 2014. The U.S./Canada toll-free conference call number is 1 [...]
Record cash flow for the quarter driven by increased production and strong price realizations CALGARY, ALBERTA--(Marketwired - Jul 30, 2014) - MEG Energy Corp. (TSX:MEG) today reported second quarter 2014 operational and financial results. Highlights include: Record cash flow from operations of $261.7 million; Record quarterly production of 68,984 barrels per day (bpd), nearly 18 per cent higher than the first quarter [...]
MEG Energy announces that it intends to release its financial results for the second quarter ended June 30, 2014 on Wednesday, July 30, 2014. 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, July 30, 2014. The U.S./Canada toll-free conference call number is 1 866-223-7781. The international/local conference call number is 416-340-2216. A [...]
CALGARY, May 5, 2014 /CNW/ - MEG Energy Corp. ("MEG") announces the voting results for the election of directors at its Annual and Special Meeting of Shareholders held on May 1, 2014. Shareholders re-elected all directors nominated by management, the results being as follows: Director Vote For Withhold Vote ...
Production increase reflects continuing success in the ramp-up of Phase 2B and the RISER initiative CALGARY, April 30, 2014 /CNW/ - MEG Energy Corp. today reported first quarter 2014 operational and financial results. Highlights include: Record cash flow from operations of $157.0 million; Record quarterly production of 58,643 barrels per day (bpd), an increase of 80% over first quarter 2013 production volumes [...]
MEG Energy announces that it intends to release its financial results for the first quarter ended March 31, 2014 on Wednesday, April 30, 2014. A conference call will be held to review the financial results at 7:30 a.m. Mountain Time on Wednesday, April 30, 2014. The U.S./Canada toll-free conference call number is 1 888-231-8191. The international/local conference call number is 647-427-7450. A recording of the call will [...]
CALGARY, March 5, 2014 /CNW/ - MEG Energy Corp. announced today the filing of the corporation's 2013 year-end disclosure documents and a new appointment to its Board of Directors. 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, 2013. MEG also announced today the appointment [...]
Solid fourth quarter operating results set the stage for a strong 2014 CALGARY, Feb. 6, 2014 /CNW/ - MEG Energy Corp. today reported fourth quarter and full-year 2013 operational and financial results. Highlights include: Strong performance from the recently commissioned Phase 2B project and continued success of RISER driving record exit production of 48,557 barrels per day (bpd), 13% above the top end of guidance [...]