MEG Energy Corp.

Final Order for the Cenovus Transaction granted by the Court of King's Bench of Alberta Cenovus Transaction anticipated to close Thursday, November 13, 2025 Preliminary election results to determine the form of consideration to be received by MEG Shareholders indicate pro-rationing of Share Consideration elections MEG Energy Corp. is pleased to announce that the Court of King's Bench of Alberta has granted the final order [...]

MEG Energy Corp. reported its third quarter 2025 operational and financial results.1 "Our strong third quarter results are a testament to MEG's journey as a top-tier oil sands producer, built on the dedication, expertise, and innovation of our people," said Darlene Gates, President and Chief Executive Officer. "I am deeply proud of what we have accomplished together. I want to thank our employees, partners, and the [...]

86% of the MEG Shares represented at the Meeting were voted in favour of the Cenovus Transaction Cenovus Transaction anticipated to close in mid-November MEG Energy Corp. is pleased to announce that today at its special meeting of holders of common shares of MEG , MEG Shareholders voted in favour of the previously announced plan of arrangement involving MEG, MEG Shareholders and Cenovus Energy Inc. . At the Meeting, the [...]

Results Release: Monday, November 10, 2025 after market close The Company's financial statements will be available on MEG's website at www.megenergy.com. About MEG MEG is the leading pure-play in situ thermal oil producer in Canada. Our purpose is to meet the growing demand for energy, produced safely and reliably, while generating long-term value for all our stakeholders. MEG produces, transports and sells our oil to [...]

All amounts in Canadian dollars unless specified. MEG Energy Corp. is providing additional disclosure regarding the previously announced asset transaction between Strathcona Resources Ltd. and Cenovus Energy Inc. , as initially disclosed in its press release of October 27, 2025. As previously announced, MEG entered into a second amending agreement with Cenovus to amend the arrangement agreement between MEG and Cenovus [...]

Deadline for MEG Shareholders to deposit their proxies to vote on the Cenovus Transaction extended to Wednesday, November 5, 2025 at 9:00 a.m. As of today's date, of those MEG Shares represented by proxy or expected to be voted in person at the Meeting, 86% of all such MEG Shares, and 83% of all such MEG Shares, excluding the MEG Shares held by Strathcona, were FOR the Cenovus Transaction Deadline for MEG Shareholders to [...]

Improved Transaction Consideration of $30.00 per MEG Share Improved Transaction Consideration payable 50% in cash and 50% in highly liquid Cenovus Shares The MEG Board recommends MEG Shareholders vote FOR the Improved Cenovus Transaction The Meeting date remains unchanged and the Meeting will occur on Thursday, October 30, 2025 at 9:00 a.m. For questions or assistance with voting or making elections, contact Sodali & Co [...]

Approximately 63% of the MEG Shares represented by proxy or expected to be voted in person at the Meeting are FOR the approval of the Cenovus Transaction, despite opposition from Strathcona which is assumed to have voted against the Cenovus Transaction The Meeting has been postponed, pursuant to Cenovus exercising its contractual postponement right, to Thursday, October 30, 2025 at 9:00 a.m. to allow MEG Shareholders [...]

The Improved Cenovus Transaction is valued at $29.79 per MEG Share as of close of market on October 10, 2025, payable 50% in cash and 50% in highly liquid Cenovus Shares MEG Shareholders are encouraged to make an election with respect to their preferred form of consideration to be received for the Improved Cenovus Transaction ahead of the Revised Election Deadline of Monday, October 20, 2025 at 4:30 p.m. MEG Shareholders [...]

Waterous Energy Fund Management Corp. , in its capacity as manager of Waterous Energy Fund III LP, Waterous Energy Fund III LP, Waterous Energy Fund III LP, Waterous Energy Fund III LP and Waterous Energy Fund III LP and as manager of certain other limited partnerships, including but not limited to, Waterous Energy Fund LP, Waterous Energy Fund LP, Waterous Energy Fund LP and Waterous Energy Fund II Aggregator LP , today [...]