MEG Energy Corp.

MEG Energy Corp. is pleased to announce the appointment of Darlene Gates as the Company's Chief Operating Officer and Chi-Tak Yee in the new position of Chief Technology Officer commencing September 7, 2021. "We are thrilled to have Darlene join the MEG team. She is a leader who brings direct operational and leadership experience in the oil sands, a track record of leading technical teams and stakeholder relations [...]

MEG Energy Corp. reported its second quarter of 2021 operational and financial results. MEG continues to proactively respond to the safety challenges associated with the COVID-19 pandemic and remains committed to ensuring the health and safety of all of its personnel and the safe and reliable operation of the Christina Lake facility. "The second quarter was another strong operational quarter for MEG, giving us the [...]

MEG Energy Corp. announced today that it has issued a notice to redeem US$100 million aggregate principal amount of its 6.50% senior secured second lien notes due 2025 at a redemption price of 103.25%, plus accrued and unpaid interest to, but not including, the redemption date. The redemption is expected to be completed on or about August 23, 2021. Inclusive of the redemption, MEG will have redeemed US$354 million of the [...]

Second Quarter Results Release: July 22, 2021 after market close Conference Call Details: July 23, 2021 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on July 23, 2021 at: www.megenergy.com/investors/presentations-and-events About MEG MEG is an energy [...]

MEG Energy Corp. is pleased to announce that at its annual meeting of shareholders held on June 16, each of the ten nominees listed in its Management Information Circular dated May 3, 2021, were elected as directors. The results of the shares voted in respect of the election of each director are set out below. Nominee Votes For Votes Withheld # % # % Grant D. Billing 195,377,224 99.42 1,138,444 0.58 Ian D. Bruce [...]

Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada's oil sands production. The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas emissions from oil sands operations by 2050 to help Canada [...]

MEG Energy Corp. reported its first quarter of 2021 operational and financial results. MEG continues to proactively respond to the safety challenges associated with the COVID-19 pandemic and remains committed to ensuring the health and safety of all of its personnel and the safe and reliable operation of the Christina Lake facility. "MEG's first quarter was strong from both a financial and operational perspective" said [...]

First Quarter Results Release: May 3, 2021 after market close Conference Call Details: May 4, 2021 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on May 4, 2021 at: www.megenergy.com/investors/presentations-and-events About MEG MEG is an energy company [...]

MEG Energy Corp. reported its full year 2020 operational and financial results. Highlights include: Free cash flow of $129 million driven by adjusted funds flow of $278 million and disciplined capital spend of $149 million; Bitumen production volumes of 82,441 barrels per day at a steam-oil ratio of 2.3; Repayment of $132 million of long-term debt concurrent with the refinancing of US$1.2 billion of existing indebtedness [...]

2020 Annual Results Release: March 3, 2021 after market close Conference Call Details: March 4, 2021 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on March 4, 2021 at: www.megenergy.com. MEG is an energy company focused on sustainable in situ thermal [...]