First Quarter Results Release: Monday, May 2, 2022 after market close Conference Call Details: Tuesday, May 3, 2022 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Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on May 3, 2022. MEG is an energy company focused on sustainable in situ thermal oil [...]
MEG Energy Corp. today announced that following a successful 9-year career at MEG, Eric L. Toews plans to retire effective September 1, 2022. Mr. Toews has agreed to continue in his role as Chief Financial Officer until his successor is appointed, and then remain with the Corporation during a transition period until his retirement date. MEG intends to conduct an external search for its next Chief Financial Officer and [...]
MEG Energy announces today that the Toronto Stock Exchange has approved the Corporation commencing a normal course issuer bid. Pursuant to the Bid, MEG will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 27,242,211 common shares of the Corporation. The Bid will become effective on March 10, 2022 and will terminate on March 9, 2023 or such earlier time as the Bid is completed or [...]
MEG Energy Corp. reported its full year 2021 operational and financial results. MEG continues to proactively respond to the safety challenges associated with COVID-19 and remains committed to ensuring the health and safety of all its personnel and the safe and reliable operation of the Christina Lake facility. "As we exit 2021, MEG is very well positioned from an operational and
MEG Energy Corp. announced today that it has issued a notice to redeem the remaining US$171 million principal balance outstanding of its 6.50% senior secured second lien notes due 2025 at a redemption price of 101.625%, plus accrued and unpaid interest to, but not including, the redemption date. The redemption is expected to be completed on or about April 4, 2022. Inclusive of the redemption, MEG will have redeemed in [...]
2021 Annual Results Release: Thursday, March 3, 2022 after market close Conference Call Details: Friday, March 4, 2022 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Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on March 4, 2022 at: www.megenergy.com/investors/presentations-and-events About MEG MEG [...]
MEG Energy Corp. announced today its 2022 capital investment plan and operational guidance. Highlights include: 2022 capital budget of $375 million; 2022 production guidance of 94,000 to 97,000 barrels per day which takes into account a planned major turnaround expected to impact full year production by approximately 6,000 bbls/d; 2022 non-energy operating costs and general and administrative expense guidance of $4.50 to [...]
MEG Energy Corp. announced today that it has issued a notice to redeem US$225 million aggregate principal amount of its 6.50% senior secured second lien notes due 2025 at a redemption price of 101.625%, plus accrued and unpaid interest to, but not including, the redemption date. The redemption is expected to be completed on or about January 18, 2022. Inclusive of the redemption, MEG will have redeemed US$579 million of [...]
2022 Capital Investment Plan Release: November 29, 2021 after market close Conference Call Details: November 30, 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 November 30, 2021 at: www.megenergy.com. MEG is an energy company focused on [...]
MEG Energy Corp. reported its third 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 third quarter was another strong operational quarter for MEG as production levels [...]
Third Quarter Results Release: November 8, 2021 after market close Conference Call Details: November 9, 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 Nov 9, 2021 at: www.megenergy.com. MEG is an energy company focused on sustainable in situ [...]
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 [...]
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