CALGARY, ALBERTA--(Marketwired - Jan 12, 2017) - MEG Energy Corp. (TSX:MEG) announced today that is planning to commence, subject to market and other conditions, a private offering of US $750 million in aggregate principal amount of new senior secured notes due 2025 (the "Secured Notes"). The Secured Notes will initially be issued through a wholly-owned subsidiary of MEG. MEG intends to use the net proceeds, together with [...]
MEG Energy announced today comprehensive refinancing transactions which are expected to support a strengthened balance sheet, as well as increased production and reduced costs through an expansion of the Company's growth program. The refinancing plan retains the covenant...
CALGARY, AB--(Marketwired - October 27, 2016) - MEG Energy Corp. (TSX: MEG) today reported third quarter 2016 operating and financial results. Highlights include: Near-record production volumes of 83,404 barrels per day (bpd); Cash flow from operations of $23 million, or $0.10 per share; Record low non-energy operating costs of $5.32 per barrel, supporting net operating costs of $7.76 per barrel; Record low general [...]
CALGARY, AB--(Marketwired - October 20, 2016) - MEG Energy Corp. (TSX: MEG) announces that it intends to release its financial results for the third quarter ended September 30, 2016 on Thursday, October 27, 2016. A conference call will be held to review the financial results at 8:30 a.m. Mountain Time (10:30 a.m. Eastern Time) on Thursday, October 27, 2016. The U.S./Canada toll-free conference call number is 1 [...]
CALGARY, AB--(Marketwired - July 28, 2016) - MEG Energy Corp. (TSX: MEG) today reported second quarter 2016 operating and financial results. Highlights include: Record first half production volumes of 79,883 barrels per day (bpd) with second quarter production of 83,127 bpd and post-maintenance production volumes above 86,000 bpd in May and June; Record-low quarterly net operating costs of $7.43 per barrel, supported by [...]
MEG Energy announces that it intends to release its financial results for the second quarter ended June 30, 2016 on Thursday, July 28, 2016. A conference call will be held to review the financial results at 8:30 a.m. Mountain Time on Thursday, July 28, 2016. The U.S./Canada toll-free conference call number is 1 866-223-7781. The international/local conference call number is 416-340-2218. A recording of the call will be [...]
MEG Energy announces that it intends to release its financial results for the second quarter ended June 30, 2016 on Thursday, July 28, 2016. A conference call will be held to review the financial results at 8:30 a.m. Mountain Time (11:00 a.m. Eastern Time) on Thursday, July 28, 2016. The U.S./Canada toll-free conference call number is 1 866-223-7781. The international/local conference call number is 416-340-2218. A [...]
CALGARY, AB--(Marketwired - June 29, 2016) - MEG Energy Corp. (TSX: MEG) announces voting results from its Annual and Special Meeting of Shareholders held on June 28, 2016. Shareholders elected all directors nominated by management, the results being as follows: Director Vote For Withhold Vote # % # % William J. McCaffrey ...
CALGARY, AB --(Marketwired - April 28, 2016) - MEG Energy Corp. today reported first quarter 2016 operating and financial results. Highlights include: Quarterly production of 76,640 barrels per day (bpd), which includes the impact of planned turnaround work; Net operating costs of $8.53 per barrel, a decrease of 19% from the first quarter of 2015 and in line with record-low costs of $8.52 per barrel in the fourth [...]
MEG Energy announces that it intends to release its financial results for the first quarter ended March 31, 2016 on Thursday, April 28, 2016. A conference call will be held to review the financial results at 9:00 a.m. Mountain Time on Thursday, April 28, 2016. The U.S./Canada toll-free conference call number is 1 866-225-6564. The international/local conference call number is 416-340-2220. A recording of the call will be [...]
CALGARY, AB--(Marketwired - March 04, 2016) - MEG Energy Corp. (TSX: MEG) reports that it is resuming operations at its Christina Lake facilities. MEG continues to work with regulatory authorities as it restores operations following an incident yesterday at its Christina Lake sulphur plant. Previously, the company had already reduced its production rates as part of its annual maintenance program. At this time, there is [...]
CALGARY, AB--(Marketwired - March 03, 2016) - MEG Energy (TSX: MEG) has responded to and extinguished a small fire in the company's sulphur treatment facilities at its Christina Lake site today. The fire was confined to the sulphur plant and did not impact the integrity of the main processing facilities. There were no injuries and all workers on site are safe. Local communities, emergency response organizations and [...]