CALGARY, ALBERTA--(Marketwired - May 11, 2015) - MEG Energy Corp. (TSX:MEG) announces the voting results for the election of directors at its Annual and Special Meeting of Shareholders held on May 7, 2015. Shareholders re-elected all directors nominated by management, the results being as follows: Director Vote For Withhold Vote # % # % William J. McCaffrey 179,7...
CALGARY, ALBERTA--(Marketwired - May 7, 2015) - MEG Energy Corp. (TSX:MEG) today reported first quarter 2015 operational and financial results. Highlights include: Record quarterly production of 82,398 barrels per day (bpd), an increase of 41% over first quarter 2014 production volumes, driven by the Christina Lake Phase 2B project and continuing implementation of MEG's RISER initiative; Net operating costs of $10.49 [...]
MEG Energy announces that it intends to release its financial results for the first quarter ended March 31, 2015 on Thursday, May 7, 2015. A conference call will be held to review the financial results at 7:30 a.m. Mountain Time on Thursday, May 7, 2015. The U.S./Canada toll-free conference call number is 1 800-396-7098. The international/local conference call number is 416-340-8527. A recording of the call will be [...]
CALGARY, ALBERTA--(Marketwired - Apr 14, 2015) - MEG Energy Corp. (TSX:MEG) reports that co-founder Dave Wizinsky will step down from the corporation's Board of Directors effective May 7, 2015, after serving for 16 years with the company. "Dave came in as a founding investment partner when oil was about $12 a barrel and MEG was just a vision," said Bill McCaffrey, founder, President and Chief Executive Officer. "As part [...]
CALGARY, ALBERTA--(Marketwired - Mar 24, 2015) - MEG Energy Corp. (TSX:MEG) reports the adoption by its Board of Directors of an advance notice by-law requiring, among other things, a set deadline by which shareholders must notify the Corporation in writing of an intention to nominate directors prior to any meeting of shareholders at which directors are to be elected, and, which further sets forth the information that the [...]
CALGARY, ALBERTA--(Marketwired - Mar 4, 2015) - MEG Energy Corp. (TSX:MEG) annospannced today the filing of the corporation's 2014 year-end disclosspanre docspanments. MEG has filed with Canadian secspanrities regspanlatory aspanthorities its aspandited financial statements, Management's Discspanssion and Analysis and Annspanal Information Form for the year ended December 31, 2014. To review MEG's annspanal [...]
Low cost structure, low sustaining capital and significant financial liquidity set strong foundation in the current price environment CALGARY, ALBERTA--(Marketwired - Feb 5, 2015) - MEG Energy Corp. (TSX:MEG) today reported fourth quarter and full-year 2014 operating and financial results. Highlights include: Record quarterly production of 80,349 barrels per day (bpd) and record annual production of 71,186 bpd, more [...]
MEG Energy announces that it intends to release its financial results for the fourth quarter ended December 31, 2014 on Thursday, February 5, 2015. A conference call will be held to review the financial results at 9:00 a.m. Mountain Time on Thursday, February 5, 2015. The U.S./Canada toll-free conference call number is 1 866-223-7781. The international/local conference call number is 416-340-2216. A recording of the call [...]
CALGARY, ALBERTA--(Marketwired - Dec 17, 2014) - All dollar amounts in $Cdn unless otherwise noted. MEG Energy (TSX:MEG) today announced a reduction to its 2015 capital program to $305 million from the original $1.2 billion budget. Previously released 2015 guidance remains unchanged, targeting a production increase of approximately 19% to 78,000 to 82,000 barrels per day at non-energy operating costs of $8 to $10 per [...]
2015 capital program is anticipated to be internally funded and enables the company to maintain medium-term growth targets averaging 10% to 15% per year CALGARY, ALBERTA--(Marketwired - Dec 4, 2014) - All dollar figures are in $Cdn unless otherwise noted. MEG Energy (TSX:MEG) today provided an update to its 2014 capital program and outlined its 2015 capital investment plan and production guidance. Highlights include [...]
CALGARY, ALBERTA--(Marketwired - Nov 5, 2014) - MEG Energy Corp. (TSX:MEG) ("MEG") today announced that it has expanded its senior secured revolving credit facility from US$2.0 billion to US$2.5 billion and has extended the maturity of the revolving credit facility by one year to 2019. The transaction was completed through an amendment of MEG's credit agreement, entered into with its existing syndicate of lenders. The [...]
CALGARY, ALBERTA--(Marketwired - Oct 29, 2014) - MEG Energy Corp. (TSX:MEG) today reported third quarter 2014 operating and financial results. Highlights include: Record quarterly production of 76,471 barrels per day (bpd), an increase of 11 per cent over second quarter 2014 results; Record non-energy operating costs of $7.16 per barrel with cash operating netbacks of $48.70 per barrel, a continuation of strong second [...]