• Sign up for the Daily Digest E-mail
Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

Ex-Pengrowth CEO comes out of retirement to lead oilsands producer MEG Energy

August 9, 20188:51 AM The Canadian Press0 Comments

CALGARY – Oilsands producer MEG Energy Corp. says it has selected veteran oilman Derek Evans to replace interim CEO Harvey Doerr.

The appointment comes less than five months after Evans’ retirement from Pengrowth Energy Corp., where he had been CEO for nine years.

At the time, 61-year-old Evans said he would take a few months off but planned to assume an undefined advocacy role for the oil and gas industry after that.

MEG chairman Jeffrey McCaig says Evans was selected after an exhaustive search by a recruitment firm, adding he has been asked to focus on strengthening the company’s balance sheet while growing production through small-scale technology-driven expansion projects to 113,000 barrels of bitumen per day by 2020.

Doerr, a MEG director, had been filling in for co-founder Bill McCaffrey, who retired in May after 19 years at the helm.

Evans has more than 35 years of experience in the oilpatch, including six years as the CEO of Focus Energy Trust.

“I am excited to take on the leadership of MEG at this pivotal moment in the company’s history,” said Evans in a news release.

Both MEG and Pengrowth are based in Calgary.

Companies in this story: (TSX:MEG), (TSX:PGF)

MEG Energy Pengrowth Energy

Follow the BOE Report
  • linkedin
  • facebook
  • twitter
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • How can Alberta make itself more attractive for oil and gas investment?
  • Worker missing after dozer breaks through frozen tailings pond in northern Alberta
  • U.S. plans sale of up to 20 mln bbls of crude oil from strategic reserve
  • Oil prices dip on virus worries; U.S. stock draw, China data check losses
  • Column: The world needs more Canadian oil and gas, not less

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView

About
  • About BOEReport.com
  • In the News
  • Terms of Use
  • Privacy Policy
Resources
  • App
  • Widgets
  • Notifications
  • Daily Digest E-mail
Get In Touch
  • Advertise
  • Post a Job
  • Contribute
  • Contact
Featured In
  • CamTrader
  • Rigger Talk
Data Partner
  • Foxterra
BOE Network
© 2021 Grobes Media Inc.