MEGEF News and Press, Meg Energy Corp From 07/31/19

The following slide deck was published by MEG Energy Corp. in conjunction with this Read more ...

MEG Energy Corp (MEGEF) Q2 2019 Earnings Conference Call July 31, 2019 09:30 AM ET Company Participants Derek Evans - President, CEO & Director Eric Toews - CFO Chi-Tak Yee - COO Grant Borbridge - SVP Legal & General Counsel and Corporate Secretary Conference Call Pa...

The Alberta government says it will ease crude oil curtailments for September by another 25K bbl/day, setting the new limit at 3.76M bbl/day. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, Energy stocks news, Read more ...

Alberta's provincial government slightly eases crude oil production curtailments for August, setting a new limit of 3.74M bbl/day compared with 3.71M bbl/day in July. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, Energy stocks news, Read ...

Canada's federal government says it will move ahead with the Trans Mountain pipeline expansion, offering some relief to the country's oil and gas sector constrained by a years-long pipeline bottleneck. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Lim...

Canadian oil production will grow by an average 1.4%/year until 2035 , according to a new forecast from the Canadian Association of Petroleum Producers, cutting its guidance from five years ago by half due to the lack of new pipelines and inefficient regulation. More news on: Suncor Energ...

Alberta's provincial government says companies will be limited to producing 3.71M bbl/day of crude oil in July, keeping curtailments unchanged from June, and has not determined levels after July. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, ...

Devon ( DVN ) announced the sale of its Canadian oil sands assets for $3.8 billion Canadian dollars - about $2.8 billion USD. Canadian Natural ( CNQ ) is the buyer. With over 100,000 barrels of oil per day of production, the deal was done at less than $30,000 per boepd and at an estimated ...

MEG Energy ( MEGEF ) reported messy Q1 results. Management highlighted the free cash flow of C$98 million. Yet, net debt increased and cash flow was negative. And, due to the production curtailment in Alberta, the capital program was lower than the long-term sustaining capital. Also, the ramp-...

Alberta's government production cuts have failed to reduce a glut of oil in the province, according to Genscape data, which says Western Canadian crude storage inventories hit a record high of 37.1M barrels in April. More news on: TC Energy Corporation, Suncor Energy Inc., Imperial Oil L...