MEGEF News and Press, Meg Energy Corp From 01/20/20

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The Canadian oil sands producer MEG Energy ( OTCPK:MEGEF ) is poised to generate significant free cash flow over the next several years given its low operating and sustaining costs. In addition, it contracted rail and pipeline capacity to export an increasing portion of its production to t...

MEG Energy ( OTCPK:MEGEF ) has priced an upsized offering $1.2B of 7.125% senior unsecured notes due in 2027. More news on: MEG Energy Corp., Energy stocks news, Read more ...

Canada's Supreme Court dismisses British Columbia's attempt to regulate what can be transported via the Trans Mountain pipeline project crossing its territory. More news on: Suncor Energy Inc., Imperial Oil Limited, CNO Financial Group, Inc., Energy stocks news, Read more ...

MEG Energy Announces US$800 Million Offering of Senior Notes to Refinance and Extend Maturity Profile of its Debt Portfolio Canada NewsWire CALGARY, Jan. 16, 2020 CALGARY , Jan. 16, 2020 /CNW/ - MEG Energy Corp. ("MEG" or the "Company") (TSX: MEG) announced today that, su...

An Arctic blast sweeping across western Canada - cold enough to turn the region's oil sands solid - is weighing on the price of heavy crude , Bloomberg reports. More news on: Suncor Energy Inc., Canadian Natural Resources Limited, Cenovus Energy Inc., Energy stocks news, Read more ......

Western Canadian Select's discount to U.S. West Texas Intermediate crude oil today hit the widest since Alberta's provincial government introduced its plan to restrict production more than a year ago, reaching US$24.05/bbl . More news on: Suncor Energy Inc., Canadian Natural Resources Lim...

Higher oil prices in the wake of the U.S. airstrike against Iran's Gen. Soleimani also are lifting share prices for Canadian oil and gas companies, though gains are off earlier highs: OTCPK:MEGEF +6.3% , ECA +1.7% , CVE +1% , CNQ +0.9% , SU +0.4% , IMO +0.2% . More news...

The year-to-date results confirm MEG Energy's ( OTCPK:MEGEF ) strong free cash flow potential. With oil production curtailment in Alberta because of egress capacity constraints, the Canadian oil sands producer transitioned to a free cash flow model thanks to its moderate sustaining capital r...

Alberta's government says it will leave its oil production quotas unchange d in January at 3.81M bbl/day, after several consecutive months of easing quotas. More news on: Suncor Energy Inc., Imperial Oil Limited, Canadian Natural Resources Limited, Energy stocks news, Read more ...