MEG Energy

MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company owns a 100% interest in approximately 410 square miles of mineral leases. It also develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions. The company transports and sells thermal oil to refiners in North America and internationally. As of December 31, 2021, it had approximately 2.0 billion barrels of gross proved plus probable bitumen reserves at the Christina Lake Project. The company was incorporated in 1999 and is headquartered in Calgary, Canada.

MEG’s mission is to produce and market synthetic crude oil in an efficient and environmentally responsible manner, providing maximum benefit for shareholders and other stakeholders.

MEG’s vision is to become an energy leader in the oil sands industry, meeting the needs of customers, employees, communities and shareholders.

CPA Canada Energy Excellence Award, Calgary Chamber of Commerce Business of the Year Award, Oil Sands Sustainability Award