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MEG Energy ( TSE: MEG )
Permitting Activity
November 25,2019 : MEG Energy Permitted the MEG HARDY 2-6-77-4 VERTICAL well in Hardy,AB : November 25,2019 : MEG Energy Permitted the MEG HARDY 6-8-77-4 VERTICAL well in Hardy,AB : November 25,2019 : MEG Energy Permitted the MEG HARDY 15-36-77-6 VERTICAL well in Hardy,AB : November 25,2019 : MEG Energy Permitted the MEG HARDY 4-35-77-6 VERTICAL well in Hardy,AB : November 25,2019 : MEG Energy Permitted the MEG HARDY 16-5-77-4 VERTICAL well in Hardy,AB : Click here for More Permits ActivityLatest News & Activity
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MEG Energy Rejects Strathcona Resources' $6 Billion Takeover OfferJuly 01,2025
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MEG Energy Taps New COO, CTOSeptember 01,2021
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MEG Energy Fourth Quarter, Full Year 2020 ResultsMarch 05,2021
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MEG Energy Accelerates Spending 73% for 2021 to $260 MillionDecember 15,2020
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MEG Energy Details Fourth Quarter 2019 ResultsMarch 04,2020
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MEG Energy Wraps Up $1.2B Debt OfferingFebruary 03,2020
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MEG Details Preliminary Q4 2019 ResultsJanuary 16,2020
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Oil Sands Operators to Increase 2020 Spending +14% to $10 BillionDecember 11,2019
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MEG To Increase 2020 Capital Spending 25% Year over YearNovember 22,2019
Deals - MEG Energy Divestiture(s)
Announce Date | Price($MM) | Region/Basin | Headline | |
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Feb-08-2018 | ![]() |
Williston Basin | Wolf Midstream Buys Stake in Access Pipeline, Stonefell Terminal for $1.61B | |
Total | ![]() |
Capital Raised
Announced Date | Amount($MM) | Type | Headline | |
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Feb-03-2020 |
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Debt | MEG Energy Wraps Up $1.2B Debt Offering | |
Jan-13-2017 |
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Redemption | MEG Energy Redeems Senior Notes With New Debt | |
Jan-12-2017 |
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Equity-Stock-Sales | MEG Energy Raises $518 MM in Equity Offer to Fund 2017 Capex | |
Total | ![]() |
About
MEG Energy is a pure play Canadian oil sands producer engaged in exploration in Northern Alberta. All of its oil reserves are more than 1,000 feet below the surface and so they depend on steam-assisted gravity drainage and associated technology to produce.
520 3 Avenue SW
Calgary AB T2P 0R3
Calgary AB T2P 0R3
Phone Number
403 770 0446
Latest Presentations More Presentations>>
Key Slides found in this Presentation
Capital & Finance
Operating Costs (LOE)
Portfolio & Operations
Production Rates
Corporate Production Rates
Capital & Finance
Operating Costs (LOE)
Portfolio & Operations
Production Rates
Corporate Production Rates
Drilling Activity (
Jan 2017 - Aug 2025)
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MEG Energy Taps New COO, CTO
September 01,2021
MEG Energy Fourth Quarter, Full Year 2020 Results
March 05,2021
MEG Energy Accelerates Spending 73% for 2021 to $260 Million
December 15,2020
MEG Energy Details Fourth Quarter 2019 Results
March 04,2020
Company Divestiture
Announce Date | Buyer | $MM | Type | Play/Location | Details |
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Feb-08-2018 | ![]() |
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Asset | Bakken Shale & Three Forks | ![]() |
No Results found
MEG Energy Resumes Operations at Christina Lake
June 03,2015
Resuming normal operational staffing levels at its Christina Lake.
MEG Energy Evacuates Staff Ahead of Alberta Wildfire
May 26,2015
Coordinated transportation out of the immediate area for non-essential staff and contractors.
RISER Pushing Record Production for MEG
May 07,2015
The ongoing application of the RISER initiative is showing strong results.
MEG Energy Co-Founder Resigns From Board
April 15,2015
Co-founder Dave Wizinsky will step down effective May 7, 2015, after serving for 16 years with the company.
MEG Energy Doubled Production in 2014
February 05,2015
The current program is focused primarily on sustaining and maintenance capital.
Oil Sand Producer Guts 2015 Budget By $900 Million
December 17,2014
75% reduction to 2015 capital program to $305 million.
MEG Energy Trims 2014 Capex, Adapts to Market
December 05,2014
A reduction in 2014 capex to ~$1.2 billion from an original budget of $1.8 billion.
MEG Doubles Production, Lowers Capital Spending from 2013
October 29,2014
Record quarterly production of 76,471 barrels per day (bpd), an increase of 11 per cent over 2Q 2014 results.
MEG Doubles Production Over Last Year
July 30,2014
MEG’s production during the second quarter of 2014 increased nearly 115 per cent.
MEG Energy Nearly Doubles 1Q Production Over Last Year
April 30,2014
RISER initiative at its Phase 1 and 2 assets and the ramp-up of production from Phase 2B, led to record 58,643 bpd in 1Q 2014.
MEG Energy Plans 2014 Spending of $1.8 Billion
December 06,2013
The company's plans include a capital program of $1.8 billion, including $200 million available on a discretionary basis subject to the timing of current and future projects.