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Effective management of our environmental impact and meeting our asset retirement obligations are important in limiting our exposure to regulatory and liability costs, as well as reputational risk.
In addition to minimizing our operational footprint we take measures aimed to maintain ecosystem health and support wildlife species throughout the landscape.
To strengthen our efforts in responsibly developing and protecting the land, MEG has established the following targets:
We strive to bring all abandoned wells to reclamation status within 5 years.
We are committed to investing at least $300,000 in annual caribou habitat restoration efforts between 2021 and 2025.
MEG is the leading pure play in situ thermal oil producer in Canada. MEG’s strategy is focused on delivering sustainable free cash flow by leveraging its high-quality assets and exceptional team.
MEG is the leading pure play in situ heavy oil producer in Canada. MEG’s strategy is focused on delivering sustainable free cash flow by leveraging its high-quality assets and exceptional team.
MEG is the leading pure play in situ heavy oil producer in Canada. MEG’s strategy is focused on delivering sustainable free cash flow by leveraging its high-quality assets and exceptional team.
Incident notification – April 30, 2016 – Meg Energy announces that today, at approximately 08:15 hrs, during work carried out on a natural gas well near the village of Edmonton in Alberta.