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    MEG Energy Corp. (MEG.TO)

    19.62 Down 0.29(1.46%) Jul 3, 3:59PM EDT
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    MEG Energy Corp.
    800, 520 – 3rd Avenue S.W.
    Calgary, AB T2P 0R3
    Canada - Map
    Phone: 403-770-0446
    Fax: 403-264-1711
    Website: http://www.megenergy.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Independent Oil & Gas
    Full Time Employees:685

    Business Summary 

    MEG Energy Corp. develops and produces in situ oil sands in Alberta, Canada. The company is developing oil recovery projects that utilize steam assisted gravity drainage extraction methods. It owns a 100% working interest in approximately 900 square miles of oil sands leases located in the southern Athabasca oil sands region of Alberta. The company also owns a 100% interest in the Stonefell Terminal, which offers 900,000 barrels of terminalling and storage capacity located near Edmonton, Alberta; and a 50% interest in the Access Pipeline, a dual pipeline to transport diluent north from the Edmonton area to the Athabasca oil sands area, as well as a blend of bitumen and diluent south from the Christina Lake Project into the Edmonton area. As of December 31, 2014, it had 3.0 billion barrels of proved plus probable bitumen reserves and 3.8 billion barrels of contingent bitumen resources. MEG Energy Corp. was incorporated in 1999 and is headquartered in Calgary, Canada.

    Key Statistics

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    Key Executives 
    Mr. William J. McCaffrey P.Eng., 57
    Chairman, Chief Exec. Officer and Pres
    Mr. Eric Lloyd Toews C.A,
    Chief Financial Officer
    Mr. Chi-Tak Yee P.Eng.,
    Sr. VP of Reservoir & Geosciences
    Mr. Grant W. Boyd ,
    Sr. VP of Resource Management for Growth Properties
    Mr. Jamey Fitzgibbon B.A.Sc. (Chemical Engineering), M.B.A., 51
    Sr. VP of Resource Management for Christina Lake & Special Projects
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in CAD.