Meg Energy Corp (MEGEF)

MEG Energy Corp was incorporated under the Alberta Business Corporations Act on March 9, 1999. It is a oil sands company focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta. The Company owns a 100% interest in over 900 sections of oil sands leases in the Athabasca oil sands region of northern Alberta and is primarily engaged in a steam assisted gravity drainage oil sands development at its 80 section Christina Lake Regional Project. The Company is using a staged approach to development. The Company also holds a 50% interest in the Access Pipeline, a dual pipeline to transport diluent north from the Edmonton area to the Athabasca oil sands area and a blend of bitumen and diluent south from the Christina Lake Project into the Edmonton area. In addition to Access Pipeline, the Company owns the Stonefell Terminal, located near Edmonton, Alberta, which offers 900,000 barrels of terminalling and storage capacity. The Stonefell Terminal is connected to the Access Pipeline and is also connected by pipeline to a third party rail‐loading terminal.