Join today and have your say! It’s FREE!

We will not release or resell your information to third parties without your permission.

Please Try Again

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Please Try Again

Password Hint : {{passwordHint}}

Remember me

MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas E&P

MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.

TSX:MEG - Post by User

MEG Energy Corp

Bullboard Posts

Comment by wallop13on Dec 23, 2015 10:35pm

106 Views

Post# 24410530

RE:meg is going up - and then some more up

2015ideaman wrote: what is this.....my interpreatation is ...$15 or more...am I correct......

MEG Energy Files Preliminary Base Shelf Prospectus11 hours ago by Marketwire
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

MEG Energy Corp. (TSX: MEG) (the "Company") today announced that it has filed a preliminary short form base shelf prospectus with the securities regulators in each of the provinces and territories of Canada.

The prospectus will allow WP Lexington Private Equity B.V. ("WP Lex"), an affiliate of Warburg Pincus LLC, to offer and sell or otherwise distribute in aggregate up to 10,000,000 common shares of the Company (the "Common Shares"), representing in aggregate up to Cdn. $350,000,000, in one or more distributions during a 25-month period.

The Company will not sell any Common Shares under the prospectus and will not receive any proceeds from any sale or distribution of Common Shares by WP Lex.

A copy of the prospectus may be obtained on SEDAR at www.sedar.com under the Company's profile.

Notice to Readers

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act of 1933 and other applicable securities laws.

MEG Energy Corp. is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is actively developing enhanced oil recovery projects that utilize SAGD extraction methods. MEG's common shares are listed on the Toronto Stock Exchange under the symbol "MEG."
 For further information, please contact:  Investors John Rogers VP, Investor Relations & External Communications 403-770-5335 Email contact  Media Brad Bellows Director, External Communications 403-212-8705 Email contact 
SOURCE: MEG Energy Corp.
 https://go.marketwire.com/Public/InformationRequestForm.aspx?