• Sign up for the Daily Digest E-mail

BOE Report

  • Home
  • Headlines
    • Canada
    • USA
    • Columns
    • Discussions
  • Plays
    • Cardium Sandstone
    • Duvernay Shale
    • Montney Shale
    • Shaunavon
    • Viking Sandstone
    • Williston Basin
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Database
  • Markets
    • Canada Market Quotes
    • USA Market Quotes
    • Canada Well Licences
    • Canada Rig Count
    • USA Rig Count
    • USA Market Data
  • Advocacy
  • Data
  • Jobs

MEG Energy provides Annual Meeting voting results

May 31, 201810:33 PM CNW

CALGARY, May 31, 2018 /CNW/ – MEG Energy Corp. (TSX:MEG) announces voting results from its Annual Meeting of Shareholders held on May 31, 2018.

Shareholders elected all directors nominated by management, the results being as follows:

Vote For

Withhold Vote

Director

#

%

#

%

Harvey Doerr

218,699,416

99.40

1,316,782

0.60

Daniel S. Farb

219,488,207

99.76

527,991

0.24

Robert Hodgins

216,444,753

98.38

3,571,445

1.62

Timothy Hodgson

211,020,033

95.91

8,996,165

4.09

William R. Klesse

219,940,145

99.97

76,053

0.03

David B. Krieger

190,016,910

86.36

29,999,288

13.64

Jeffrey J. McCaig

211,217,260

96.00

8,798,938

4.00

James D. McFarland

190,762,368

86.70

29,253,830

13.30

Diana McQueen

217,791,715

98.99

2,224,483

1.01

 

Shareholders also passed a resolution accepting the Corporation's approach to executive compensation, with 93.07% of the votes cast being in favour.

Shareholders also approved the reappointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year.

MEG Energy Corp. is focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is actively developing enhanced oil recovery projects that utilize SAGD extraction methods. MEG's common shares are listed on the Toronto Stock Exchange under the symbol “MEG”.

Forward-Looking Information

This document may contain forward-looking information including but not limited to: expectations of future production, revenues, expenses, cash flow, operating costs, steam-oil ratios, pricing differentials, reliability, profitability and capital investments; estimates of reserves and resources; anticipated reductions in operating costs as a result of optimization and scalability of certain operations; and anticipated sources of funding for operations and capital investments. Such forward-looking information is based on management's expectations and assumptions regarding future growth, results of operations, production, future capital and other expenditures, plans for and results of drilling activity, environmental matters, and business prospects and opportunities.

By its nature, such forward-looking information involves significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: risks associated with the oil and gas industry, for example, results securing access to markets and transportation infrastructure; availability of capacity on the electricity transmission grid; uncertainty of reserve and resource estimates; uncertainty associated with estimates and projections relating to production, costs and revenues; health, safety and environmental risks; risks of legislative and regulatory changes to, amongst other things, tax, land use, royalty and environmental laws; assumptions regarding and the volatility of commodity prices, interest rates and foreign exchange rates, and, risks and uncertainties related to commodity price, interest rate and foreign exchange rate swap contracts and/or derivative financial instruments that MEG may enter into from time to time to manage its risk related to such prices and rates; risks and uncertainties associated with securing and maintaining the necessary regulatory approvals and financing to proceed with MEG's future phases and the expansion and/or operation of MEG's projects; risks and uncertainties related to the timing of completion, commissioning, and start-up, of MEG's future phases, expansions and projects; the operational risks and delays in the development, exploration, production, and the capacities and performance associated with MEG's projects; and uncertainties arising in connection with any future disposition of assets.

Although MEG believes that the assumptions used in such forward-looking information are reasonable, there can be no assurance that such assumptions will be correct. Accordingly, readers are cautioned that the actual results achieved may vary from the forward-looking information provided herein and that the variations may be material. Readers are also cautioned that the foregoing list of assumptions, risks and factors is not exhaustive.

Further information regarding the assumptions and risks inherent in the making of forward-looking statements can be found in MEG's most recently filed Annual Information Form (“AIF”), along with MEG's other public disclosure documents. Copies of the AIF and MEG's other public disclosure documents are available through the company's website at www.megenergy.com/investors and through the SEDAR website at www.sedar.com.

The forward-looking information included in this document is expressly qualified in its entirety by the foregoing cautionary statements. Unless otherwise stated, the forward-looking information included in this document is made as of the date of this document and MEG assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances, except as required by law.

For further information, please contact:

Investors
Helen Kelly
Director, Investor Relations
403-767-6206
helen.kelly@megenergy.com

Media
Davis Sheremata
Senior Advisor, External Communications
587-233-8311
davis.sheremata@megenergy.com

SOURCE MEG Energy Corp.

View original content: http://www.newswire.ca/en/releases/archive/June2018/01/c6018.html

MEG Energy

Follow the BOE Report
  • linkedin
  • facebook
  • twitter
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • Canada Weekly Rig Count Down 16 to 224
  • U.S. drillers add oil rigs for second week in a row
  • Natural gas liquids processing gains drive profit increase at Inter Pipeline
  • Full pipelines, new services propel Enbridge to street-beating $1.17B income
  • Harvest Operations Corp. Reports 2018 Year End Results

Return to home page
OSY Rentals

About
  • About BOEReport.com
  • In the News
  • Terms of Use
  • Privacy Policy
Resources
  • App
  • Widgets
  • Desktop
  • Daily Digest E-mail
Get In Touch
  • Advertise
  • Post an Announcement
  • Post a Job
  • Contribute
  • Contact
Featured In
  • CamTrader
  • Rigger Talk
BOE Network
Copyright © 2019 Grobes Media Inc.