MEG Energy Corp. (MEG.TO) TSX
Currency In CAD
- General
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- Financials
MEG Energy Corp.
Sector
Energy
Industry
Oil & Gas Exploration & Production
Employees
473
First IPO Date
August 17, 2010
Key Executives
| Name | Title | Pay | Year Born |
| Darlene Gates | Chief Executive Officer, President & Director | 1.36M | 1971 |
| Erik Alexander Alson | Senior Vice President of Marketing | 773,378 | N/A |
| Lyle S. Yuzdepski | Senior Vice President of Legal & Corporate Development | 841,812 | N/A |
| Thomas R. Gear | Senior Vice President of Oilsands | 908,617 | N/A |
| Ryan Kubik | Chief Financial Officer & Head of IR Group | 1.02M | 1968 |
| David Michael Granger | Senior Vice President of Human Resources | 0 | N/A |
| Jim Campbell | Vice President of Communications & External Relations | 0 | N/A |
| Mike Dlugan | Vice President of Development | 0 | N/A |
Description
MEG Energy Corp. is an energy firm specializing in the environmentally conscious production of thermal oil through in-situ methods, with operations centered in the southern Athabasca oil sands region of Alberta, Canada. The company holds full ownership of mineral leases spanning approximately 410 square miles. Furthermore, MEG Energy pioneers oil recovery initiatives employing steam-assisted gravity drainage (SAGD) extraction techniques, which are designed to enhance crude oil extraction rates while simultaneously reducing carbon emissions. Its thermal oil product is then transported and sold to refineries across North America and globally. According to data from December 31, 2021, the company possessed an estimated 2.0 billion barrels of gross proved plus probable bitumen reserves specifically at its Christina Lake Project. Established in 1999, the corporation's main offices are located in Calgary, Canada.
