MEG Energy Corp.

MEG Energy Corp. acknowledges Husky Energy's press release, stating that the takeover offer for MEG did not meet Husky's minimum tender conditions, due to insufficient shareholder support. "MEG Shareholders' rejection of the Husky offer confirms that the bid did not fully recognize the quality and long-term potential of MEG." said Derek Evans [...]

 MEG Energy Corp. today acknowledges that on December 14, 2018, the Alberta Securities Commission issued a decision Re Husky Energy Inc., 2018 ABASC 184 , exempting Husky from subsection 2.23 of National Instrument 62-104 Take-Over Bids and Issuer Bids which requires Husky to offer identical consideration to all of the holders of the same class of [...]

Solid operations deliver production and cash flow growth All financial figures in Canadian dollars unless otherwise noted MEG Energy Corp. today reported third quarter 2018 operating and financial results. Highlights include: Record quarterly bitumen production volumes of 98,751 barrels per day and low steam-oil-ratio of 2.2. Annual production is [...]

MEG Energy Corp. announces that it intends to release its operating and financial results for the third quarter 2018 on Thursday, November 1, 2018. A conference call will be held to review the operating and financial results at 8 a.m. Mountain Time  on Thursday, November 1, 2018. The North American toll-free conference call number is [...]

MEG's stand-alone plan is worth substantially more than the value proposed to be delivered by Husky in the Husky Offer MEG's business is at an exciting inflection point and new CEO, Derek Evans, has plans to accelerate MEG's cash flow generation The Husky Offer was timed opportunistically and substantially undervalues MEG's best-in-class assets and [...]

Shareholders Advised to Take No Action Pending Review of Offer MEG Energy Corp. acknowledges today's announcement by Husky Energy Inc. that Husky intends to make an unsolicited offer to acquire all of the issued and outstanding common shares of MEG. The MEG Board of Directors will consider and evaluate the Husky offer and related take-over bid [...]

MEG Energy Corp.  is pleased to announce the appointment of Chi-Tak Yee, currently Senior Vice President, Operations, Resource & Technology Development, to the position of Chief Operating Officer . Mr. Yee joined MEG in 2004, and has been instrumental in the Company's technical leadership and operational success in the thermal development of its [...]

MEG Energy Corp. releases letter from Derek Evans, President and CEO, to MEG Energy Shareholders.   Dear Shareholder: As the new President and CEO of MEG Energy, I am writing to you today to share my enthusiasm for your company, and where senior management and I, along with the Board, will be focusing our efforts going forward to create shareholder [...]

 MEG Energy Corp. reported that at a meeting of its Board of Directors on August 10, 2018, Derek Evans, President and CEO, was appointed and elected as a member of the Board. About MEG Energy Corp. MEG Energy Corp. is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada [...]

New CEO brings extensive experience in the Canadian Oil and Gas industry with a proven track record of successful resource development and disciplined capital allocation MEG Energy Corp. today announced that its Board of Directors has unanimously appointed Derek Evans to the position of President and CEO, effective immediately.  Mr. Evans has over [...]