Business description: MEG Energy Corp.

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil 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 economic recovery of oil. 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.

Number of employees: 474

Sales by Activity: MEG Energy Corp.

Fiscal Period: December 2020 (CAD) 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD)

Oil & Gas - Exploration & Production

229.2Cr 432.1Cr 611.8Cr 565.3Cr 514.9Cr

Geographical breakdown of sales: MEG Energy Corp.

Fiscal Period: December 2020 (CAD) 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD)

United States

140Cr 241.9Cr 453Cr 440.7Cr 382Cr

Canada

89Cr 197.8Cr 181.3Cr 170.2Cr 192Cr

Executive Committee: MEG Energy Corp.

Manager TitleAgeSince
Chief Executive Officer - 01/05/2024
Director of Finance/CFO - 01/08/2022
Chief Tech/Sci/R&D Officer - 01/02/2022
Sales & Marketing - 01/02/2020
Corporate Officer/Principal - 01/01/2022

Composition of the Board of Directors: MEG Energy Corp.

Director TitleAgeSince
Chairman 79 08/11/2023
Chairman 74 28/06/2016
Director/Board Member 64 06/10/2015
Director/Board Member 65 17/06/2020
Director/Board Member 74 21/09/2010
Director/Board Member - 07/05/2024
Director/Board Member 51 03/05/2022
Director/Board Member 66 04/07/2022
Director/Board Member 69 07/05/2024
Director/Board Member 68 01/07/2024

Company details: MEG Energy Corp.

MEG Energy Corp.

3rd Avenue SW

T2P 0G5, Calgary

+(403) 770-0446

http://www.megenergy.com
address MEG Energy Corp.(MEG)

Unconventional Oil & Gas Production

Change 5d. change 1-year change 3-years change Capi.($)
+1.74%+11.99%+18.46%-15.40% 689.84Cr
-1.82%+1.89%-20.59%-43.16% 5.82Cr
+5.56%0.00%+111.11%0.00% 5.12Cr
Average +1.83%+5.03%+36.33%-19.52% 233.59Cr
Weighted average by Cap. +1.74%+13.01%+18.81%-15.52%
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