Company anticipates production increases from highly economic eMSAGP growth to commence in third quarter, driving a reduction of $4-$5 per barrel in overall cash costs when fully ramped-up in early 2019 All financial figures in Canadian dollars ($ or C$) unless otherwise noted CALGARY, July 27, 2017 /CNW/ - MEG Energy Corp. (TSX:MEG) today reported second quarter 2017 operating and financial results. Highlights include [...]
CALGARY, July 19, 2017 /CNW/ - MEG Energy Corp. (TSX:MEG) announces that it intends to release its financial and operating results for the second quarter ended June 30, 2017 on Thursday, July 27, 2017, before the opening of Canadian and U.S. financial markets. MEG Energy Corp. is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is [...]
CALGARY, AB--(Marketwired - May 25, 2017) - MEG Energy Corp. (TSX: MEG) announces voting results from its Annual and Special Meeting of Shareholders held on May 25, 2017. Shareholders elected all directors nominated by management, the results being as follows: Director Vote For Withhold Vote # % # % Boyd Ande...
MEG Energy's fully-funded 2017 growth program gets off to a strong start, heading toward production increases commencing in the third quarter; All financial figures in Canadian dollars ($ or C$) unless otherwise noted CALGARY, AB--(Marketwired - May 11, 2017) - MEG Energy Corp. (TSX: MEG) today reported first quarter 2017 operating and financial results. Highlights include: Quarterly production volumes of 77,245 [...]
CALGARY, AB--(Marketwired - May 04, 2017) - MEG Energy Corp. (TSX: MEG) announces that it intends to release its financial results for the first quarter ended March 31, 2017 on Thursday, May 11, 2017. 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, May 11, 2017. The U.S./Canada toll-free conference call number is 1 866-225-0198. The [...]
CALGARY, AB--(Marketwired - March 02, 2017) - MEG Energy Corp. (TSX: MEG) announced today the filing of the corporation's 2016 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, 2016. To review MEG's annual disclosure filings, please visit MEG's [...]
SUGAR LAND, TX--(Marketwired - Feb 14, 2017) - Researched by Industrial Info Resources (Sugar Land, Texas) -- A decline in production costs throughout 2016 helped to mitigate losses at MEG Energy Corp. (TSX: MEG) (Calgary, Alberta), an oil & gas exploration and production company whose major projects are in Alberta's Athabasca oil sands region. MEG's confidence is reflected in its $590 million capital budget for 2017 [...]
MEG Energy positioned for growth through record-low per barrel annual operating costs, record-high annual production, and a strengthened balance sheet; All financial figures in Cdn$ unless otherwise noted CALGARY, AB--(Marketwired - February 09, 2017) - MEG Energy Corp. (TSX: MEG) today reported fourth quarter and full-year 2016 operating and financial results. Highlights include: Quarterly production volumes of 81,780 [...]
CALGARY, AB--(Marketwired - February 01, 2017) - MEG Energy Corp. (TSX: MEG) announces that it intends to release its financial results for the fourth quarter ended December 31, 2016 on Thursday, February 9, 2017. A conference call will be held to discuss the company's fourth quarter 2016 results and its capital plans for 2017 which initiate production growth through 2019, supported by the recently- announced financial [...]
CALGARY, ALBERTA--(Marketwired - Jan 27, 2017) - MEG Energy Corp. ("MEG" or the "Company") (TSX:MEG) announced today that it has successfully closed its previously announced comprehensive refinancing plan, comprised of four financing transactions (the "Transactions"). The Transactions are expected to support a strengthened balance sheet, as well as increased production and reduced costs, through an expansion of the [...]
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 [...]