MEG Energy Corp.

MEG Energy Corp. is pleased to announce that at its annual meeting of shareholders held on June 16, each of the ten nominees listed in its Management Information Circular dated May 3, 2021, were elected as directors. The results of the shares voted in respect of the election of each director are set out below. Nominee Votes For Votes Withheld # % # % Grant D. Billing 195,377,224 99.42 1,138,444 0.58 Ian D. Bruce [...]

Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada's oil sands production. The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas emissions from oil sands operations by 2050 to help Canada [...]

MEG Energy Corp. reported its first 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. "MEG's first quarter was strong from both a financial and operational perspective" said [...]

First Quarter Results Release: May 3, 2021 after market close Conference Call Details: May 4, 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Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on May 4, 2021 at: www.megenergy.com/investors/presentations-and-events About MEG MEG is an energy company [...]

MEG Energy Corp. reported its full year 2020 operational and financial results. Highlights include: Free cash flow of $129 million driven by adjusted funds flow of $278 million and disciplined capital spend of $149 million; Bitumen production volumes of 82,441 barrels per day at a steam-oil ratio of 2.3; Repayment of $132 million of long-term debt concurrent with the refinancing of US$1.2 billion of existing indebtedness [...]

2020 Annual Results Release: March 3, 2021 after market close Conference Call Details: March 4, 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Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on March 4, 2021 at: www.megenergy.com. MEG is an energy company focused on sustainable in situ thermal [...]

MEG Energy Corp. today announced that it has successfully closed its previously announced offering of US$600 million in aggregate principal amount of 5.875% senior unsecured notes due February 2029. MEG intends to use the net proceeds of the offering, together with cash on hand, to redeem in full US$600 million in aggregate principal amount of its 7.00% senior unsecured notes due March 2024 , and to pay fees and expenses [...]

MEG Energy Corp. announced the pricing of its previously announced offering of US$600 million in aggregate principal amount of senior unsecured notes. The notes will bear interest at 5.875% per annum and are due in 2029. MEG intends to use the net proceeds of the offering, together with cash on hand, to redeem in full US$600 million in aggregate principal amount of its 7.00% senior unsecured notes due March 2024 , and to [...]

All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen sales unless otherwise noted MEG Energy Corp. announced today its preliminary estimates of expected ranges of certain financial and operating data for the three months and year ended December 31, 2020. The table below presents management's preliminary estimates, based on the information and data currently available to [...]

MEG Energy Corp. announced today that, subject to market and other conditions, it plans to commence a private offering of US$600 million in aggregate principal amount of senior unsecured notes due 2029 . MEG intends to use the net proceeds of the offering, if completed, and cash on hand to redeem in full its US$600 million aggregate principal amount of 7.0% senior unsecured notes due March 2024 , and pay fees and expenses [...]