MEG Energy Corp.

MEG Energy announced today that it has closed its recently announced bought deal financing and concurrent private placement of common shares. A total of 12,125,000 common shares have been issued pursuant to the Public Offering and 12,121,212 common shares have been issued pursuant to the Private Placement to Caisse de dépôt et placement du Québec, at a ...

MEG Energy released its 2013 capital budget and production guidance today, which includes planned capital investment of approximately $1.9 billion (including $90 million deferred from previously planned 2012 investments) and a production target of 32,000 to 35,000 barrels per day (bpd). Goals for 2013 include:

MEG Energy reported today that it has entered into agreements to offer a total of 24,246,212 MEG common shares at a price of CDN$33.00 per share to raise gross proceeds of approximately CDN$800 million. Under the agreements, 12,125,000 MEG common shares will be issued on a bought deal basis through a syndicate of underwriters co-led by BMO Capital Markets, Credit Suisse Securities (Canada), Inc., Barclays Capital Canada [...]

MEG Energy today reported third quarter 2012 operational and financial results. Highlights include:Strong operating performance confirmed annual production and exit rates will be at the high end of guidance with corresponding operating costs at the low end of guidance;A planned plant turnaround was successfully completed with a record four day ramp-up to full production rates;Steady progress continued on the RISER [...]

MEG Energy announces that it intends to release its financial results for the third quarter ended September 30, 2012 on Thursday, October 25, 2012.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 Thursday, October 25, 2012. The U.S./Canada toll-free conference call number is 1 888-231-8191. The international/local conference call number is 647-427-7450 [...]

MEG Energy today reported second quarter 2012 operational and financial results. Highlights include:Record high quarterly production volumes of 30,429 barrels of bitumen per day (bpd);Record low non-energy operating costs of $7.79 per barrel; An updated independent reserves evaluation reporting a 70% increase in proved reserves to 1.2 billion barrels and a 25% increase in proved plus probable reserves to 2.6 billion [...]

MEG Energy announces that it intends to release its financial results for the second quarter ended June 30, 2012 on Thursday, July 26, 2012.A conference call will be held to review the financial results at 7:30 a.m. Mountain Time on Thursday, July 26, 2012. 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 be [...]

MEG Energy today announced that it has closed its previously announced senior unsecured notes offering. MEG has issued US$800 million in aggregate principal amount of 6.375% senior unsecured notes due in 2023. The Notes were issued pursuant to an indenture dated as of July 19, 2012, by and between MEG, MEG Energy (U.S.) Inc. and Wilmington Trust, National Association, as trustee.The Notes have not been and will not be [...]

MEG Energy today disclosed the pricing and an increase in the size of its previously announced senior unsecured notes offering (the "Notes Offering"). Due to the positive market reception for the Notes Offering, MEG is increasing the total size of the offering to US$800 million from US$700 million. The senior unsecured notes will bear interest at 6.375% per annum and are due in 2023. MEG intends to use the net proceeds of [...]

MEG Energy announced today that it is planning to commence, subject to market and other conditions, a private offering of US$700 million in aggregate principal amount of senior unsecured notes due in 2023. MEG intends to use the net proceeds from this offering for general corporate purposes.The senior notes to be offered by MEG will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities [...]