MEG Energy is a pure play oil sands company with a large, wholly-controlled resource base concentrated in the southern Athabasca region of Alberta. MEG owns more than 2,300 square kilometres of oil sands leases in three key asset areas:

MEG plans to grow its production using steam-assisted gravity drainage (SAGD) technology with thermal-electric cogeneration providing a portion of the required steam. MEG is also deploying eMSAGP technology as part of the RISER initiative to maximize production out of existing assets.

These proven technologies have demonstrated economic and environmental advantages. While the benefits of using proven technology are the foundation of our approach, we also actively investigate technologies such as our proprietary enhanced bitumen recovery processes eMSAGP and eMVAPEX that can provide further improvements to resource recovery while reducing our costs and environmental footprint.

* See Oil and Gas Information section of our Legal Notice