MEG’s 2Q15 production came in ahead of guidance, while operating costs were lower than expected. Recent testing of Christina Lake 2B confirms that there is significant incremental processing capacity, supporting MEG’s plans to pursue lower cost, smaller scale brownfield
debottlenecking expansions. We continue to incorporate such expansions into our base case forecasts (largely unchanged).
30 Jul 2015
Strong Production (Again), Sale of Access Pipeline Being Contemplated, Brownfi eld Expansion Planning Continues
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Strong Production (Again), Sale of Access Pipeline Being Contemplated, Brownfi eld Expansion Planning Continues
MEG Energy Corp. (MEG:TSE) | 0 0 (-0.9%) | Mkt Cap: 1,559m
- Published:
30 Jul 2015 -
Author:
Michael P. Dunn -
Pages:
9
MEG’s 2Q15 production came in ahead of guidance, while operating costs were lower than expected. Recent testing of Christina Lake 2B confirms that there is significant incremental processing capacity, supporting MEG’s plans to pursue lower cost, smaller scale brownfield
debottlenecking expansions. We continue to incorporate such expansions into our base case forecasts (largely unchanged).