Company Info
MEG Energy Corp. is a Canadian oil sands company focused on the development and production of crude oil in the southern Athabasca region of Alberta. Established in 1999, MEG specializes in utilizing steam-assisted gravity drainage (SAGD) technology, a method that allows for the extraction of bitumen from deep underground without the need for open-pit mining. The company's primary asset is the Christina Lake project, which is known for its high-quality resources and low greenhouse gas intensity compared to traditional oil sands operations. MEG Energy is committed to improving efficiency, reducing environmental impact, and creating value through its sustainable production methods. It is listed on the Toronto Stock Exchange under the ticker symbol MEG.