MEG Energy today announced that it has closed its previously announced senior unsecured notes offering. MEG has issued US$800 million in aggregate principal amount of 6.375% senior unsecured notes due in 2023. The Notes were issued pursuant to an indenture dated as of July 19, 2012, by and between MEG, MEG Energy (U.S.) Inc. and Wilmington Trust [...]
MEG Energy today disclosed the pricing and an increase in the size of its previously announced senior unsecured notes offering (the "Notes Offering"). Due to the positive market reception for the Notes Offering, MEG is increasing the total size of the offering to US$800 million from US$700 million. The senior unsecured notes will bear interest at [...]
MEG Energy announced today that it is planning to commence, subject to market and other conditions, a private offering of US$700 million in aggregate principal amount of senior unsecured notes due in 2023. MEG intends to use the net proceeds from this offering for general corporate purposes.The senior notes to be offered by MEG will not be [...]
MEG Energy Corp. announced today that its Board of Directors has conditionally approved a broad-reaching production enhancement program for the company's in situ oil sands facilities at Christina Lake, Alberta. The program, called RISER, increases the company's production target from Christina Lake Phases 1, 2 and 2B to approximately 80,000 [...]
MEG Energy Corp. reports that independent reserves evaluator GLJ Petroleum Consultants has updated, on June 30, 2012, its evaluation of MEG's reserves and resources as at December 31, 2011. Highlights of the evaluation, which reflects the impact of Christina Lake Phase 3 regulatory approvals and the initiation of the Surmont regulatory process [...]
CALGARY, April 26, 2012 /CNW/ - MEG Energy Corp. today reported first quarter 2012 operational and financial results. Highlights include:
-- Cash operating netbacks of $39.20 per barrel, marking MEG's third highest quarterly netback to date, despite volatile markets and wider than usual light-heavy crude oil
MEG Energy announces that it intends to release its financial results for the first quarter ended March 31, 2012 on Thursday, April 26, 2012. 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, April 26, 2012. The U.S./Canada toll-free conference call number is 1 [...]
CALGARY, March 28, 2012 /CNW/ - MEG Energy Corp. ('MEG') filed its Annual Information Form ('AIF') for the year ended December 31, 2011 with the Canadian securities regulatory authorities today. Copies of the AIF may be obtained at www.sedar.com or via the 'Financial Information' section of MEG's website at www.megenergy.com/investors.
CALGARY, March 21, 2012 /CNW/ - MEG Energy Corp. ('MEG') today announced that it has achieved agreement to expand its senior secured revolving credit facility from US$500 million to US$1 billion and extend the maturity of its revolving credit facility by one year to 2017. The transaction was completed through an amendment of MEG's existing
Multi-stage project targets 120,000 barrels per day
CALGARY, March 19, 2012 /CNW/ - MEG Energy Corp. ('MEG') today announced its intention to begin formal stakeholder consultation in advance of a regulatory application to build, own and operate oil sands production facilities with a design capacity of approximately 120,000 barrels per day in
CALGARY, March 15, 2012 /CNW/ - MEG Energy Corp. ('MEG') today announced that it is seeking commitments to expand its senior secured revolving credit facility from US$500 million to US$1 billion. In addition, MEG intends to extend the maturity of its revolving credit facility by one year to 2017, as well as reduce the associated fees and
CALGARY, Feb. 23, 2012 /CNW/ - MEG Energy Corp. filed its audited financial statements and Management's Discussion and Analysis for the year ended December 31, 2011 with the Canadian securities regulatory authorities today.
To review these documents, please visit MEG's profile at www.sedar.com or see the 'Financial Information' section of