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.

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MEG Energy Corp

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Post by ztransforms173on Jul 02, 2024 10:52am

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Post# 36114371

Interesting: MEG Hires O&G Executive VETERAN As DIRECTOR

MEG Energy appoints McAllister to board

2024-07-02 09:21 ET - News Release

Mr. James McFarland reports

MEG ENERGY ANNOUNCES APPOINTMENT OF NEW DIRECTOR

MEG Energy Corp. has appointed Michael McAllister, PEng, to its board of directors, effective July 1, 2024.

James D. McFarland, chair of the board of directors, stated: "We are pleased to welcome Michael to MEG's board of directors. Mr. McAllister's experience and expertise will be of significant benefit to MEG as we execute on our strategic initiatives."

Mr. McAllister has 40 years of energy industry experience, holding several executive roles with North American oil and gas companies. He has extensive expertise in operations and development. Mr. McAllister spent 20 years at Ovintiv Inc. (formerly Encana Corp.), where he held several executive roles. Prior to his retirement in 2020, he served as president, where he was responsible for the company's operations, exploration, land, marketing, mid-stream and corporate services. Previously, he served as the company's executive vice-president and chief operating officer. Under his leadership, Mr. McAllister played a pivotal role leading the company's transformation to a top-tier, liquids-focused North American producer. Prior to that, Mr. McAllister held various technical and leadership roles for Texaco Canada and Imperial Oil Resources.

Mr. McAllister currently serves as a director of ARC Resources Ltd. and Mediterra Energy Corp., and he was previously a governor with the Canadian Association of Petroleum Producers.

About MEG Energy Corp.

MEG is an energy company focused on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. MEG is actively developing innovative enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil. MEG transports and sells thermal oil (AWB) to customers throughout North America and internationally. MEG is a member of the Pathways Alliance, a group of Canada's largest oil sands producers.

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- I BELIEVE that this is the KIND OF TALENT that MEG REQUIRES IF (?) they are TO PURSUE a NGLs-RICH NATURAL GAS PRODUCER

z173