Production increase reflects continuing success in the ramp-up of Phase 2B and the RISER initiative CALGARY, April 30, 2014 /CNW/ - MEG Energy Corp. today reported first quarter 2014 operational and financial results. Highlights include: Record cash flow from operations of $157.0 million; Record quarterly production of 58,643 barrels per [...]
MEG Energy announces that it intends to release its financial results for the first quarter ended March 31, 2014 on Wednesday, April 30, 2014. A conference call will be held to review the financial results at 7:30 a.m. Mountain Time on Wednesday, April 30, 2014. The U.S./Canada toll-free conference call number is 1 888-231-8191. The [...]
CALGARY, March 5, 2014 /CNW/ - MEG Energy Corp. announced today the filing of the corporation's 2013 year-end disclosure documents and a new appointment to its Board of Directors. MEG has filed with Canadian securities regulatory authorities its audited financial statements, Management's Discussion and Analysis and Annual Information Form for the [...]
Solid fourth quarter operating results set the stage for a strong 2014 CALGARY, Feb. 6, 2014 /CNW/ - MEG Energy Corp. today reported fourth quarter and full-year 2013 operational and financial results. Highlights include: Strong performance from the recently commissioned Phase 2B project and continued success of RISER driving record exit [...]
MEG Energy announces that it intends to release its financial results for the fourth quarter ended December 31, 2013 on Thursday, February 6, 2014. A conference call will be held to review the financial results at 7:30 a.m. Mountain Time (9:30 a.m. Eastern Time) on Thursday, February 6, 2014. The U.S./Canada toll-free conference call number is 1 [...]
/NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Dec. 13, 2013 /CNW/ - MEG Energy Corp. (TSX:MEG) (the "Company") today announced the completion of the previously announced secondary offering of common shares held by one of its principal shareholders, WP Lexington Private Equity B.V. ("WP Lex"), an [...]
Annual production targeted to nearly double; planned capital investment sets the foundation for further growth with focus on lower-cost 'brownfield' expansion CALGARY, Dec. 6, 2013 /CNW/ - MEG Energy Corp. released its 2014 capital budget and guidance today. The company's plans include a capital program of $1.8 billion, including $200 million [...]
MEG Energy today announced that one of its principal shareholders, WP Lexington Private Equity B.V., an affiliate of Warburg Pincus LLC, has entered into an agreement with BMO Capital Markets to complete a secondary offering under which BMO has agreed to purchase 5,000,000 common shares of the Company held by WP Lex at a purchase price of $31.40 [...]
CALGARY, Nov. 6, 2013 /CNW/ - MEG Energy Corp. announced today that it has closed its previously announced offering of US $200 million in aggregate principal amount of additional 7.0% senior notes due 2024 (the "New Notes"). The New Notes were issued at a price of 101.0% of par to yield 6.83%. The New Notes are an additional issuance of notes [...]
CALGARY, Nov. 1, 2013 /CNW/ - MEG Energy Corp. announced today that it has priced, at 101.0 percent of par to yield 6.83%, an offering of an additional US $200 million in aggregate principal amount of 7.0% senior notes due March 31, 2024 (the "New Notes"). The New Notes are being offered as additional notes under the indenture, dated as of October [...]
CALGARY, Nov. 1, 2013 /CNW/ - MEG Energy Corp. announced today the commencement of, subject to market and other conditions, a private offering of US $200 million in aggregate principal amount of additional 7.0% senior notes due 2024 (the "New Notes"). The New Notes are being offered as additional notes under the indenture, dated as of October 1 [...]
Operational and financial foundations in place to achieve targeted production increase of approximately 140% by early 2015 CALGARY, Oct. 24, 2013 /CNW/ - MEG Energy Corp. today reported third quarter 2013 operational and financial results. Highlights include: Record quarterly production of 34,246 barrels per day (bpd) and record year-to-date [...]