Operator · Canada Oil Sands
MEG Energy
39 articles mentioning MEG Energy · Page 2 of 2
MEG Energy Reports Q3 2017 Results
[Summary: MEG Energy reported its Q3 2017 results. Highlights: Quarterly production volumes of 83,008 barrels per day (bpd) with October production currently averaging approximately 85,000 bpd, reflecting the ramp-up of MEG’s eMSAGP growth initiative at Christina...
MEG Energy Reports Q2 2017 Results; CapEx Unchanged
MEG reported its 2Q17 results. Highlights of those results are below. Quarterly production volumes of 72,448 barrels per day (bpd), while completing planned maintenance activities; Total cash capital investment during the second quarter of 2017 was...
MEG Energy Plans Large Budget for 2017 Following Refinancing
MEG will commence its eMSAGP growth initiative at Christina Lake Phase 2B during 2017
MEG On Track to Meet Guidance as Production Levels Peak
MEG Energy Corp. reported second quarter 2016 operating and financial results.
MEG Slashes Capex, Production Guidance Steady
Maintained annual guidance of 80-83 mbpd, reduced capex from $328 mm to $170 mm
MEG Resumes Operations at Christina Lake Facility
At this time, there is no change to the annual production guidance range of 80,000 to 83,000 barrels per day.
MEG Energy Ups Production While Slashing Capital Spend for 2016
A targeted production increase to a range of 80,000 to 83,000 (bpd) compared to 2015 guidance.
MEG Energy Guidance On Track Despite Turnarounds, Wildfires
Production during Q2 impacted by planned major turnaround work as well as unplanned delays due to wildfires in northern Alberta.
MEG Energy Resumes Operations at Christina Lake
Resuming normal operational staffing levels at its Christina Lake.
MEG Energy Evacuates Staff Ahead of Alberta Wildfire
Coordinated transportation out of the immediate area for non-essential staff and contractors.
RISER Pushing Record Production for MEG
The ongoing application of the RISER initiative is showing strong results.
MEG Energy Co-Founder Resigns From Board
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
The current program is focused primarily on sustaining and maintenance capital.
Oil Sand Producer Guts 2015 Budget By $900 Million
75% reduction to 2015 capital program to $305 million.
MEG Energy Trims 2014 Capex, Adapts to Market
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
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
MEG’s production during the second quarter of 2014 increased nearly 115 per cent.
MEG Energy Nearly Doubles 1Q Production Over Last Year
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
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.