MEG Energy looks to make changes after Husky drops hostile takeover attempt
The changes came as MEG announced a base capital budget of $200 million for this year.
Husky shares rise and MEG stock plunges after oilsands takeover offer withdrawn [UPDATED]
The company cited production cuts for the oil industry mandated by the Alberta government.
Oilsands target MEG formally rejects Husky Energy’s $3.3B takeover bid
MEG says the offer “significantly undervalues” its shares and is not in the best interests of the company.
Retiring MEG Energy co-founder calls for action to solve oil sands access woes
Access problem has affected the company, which produced 90,000 bpd from its steam-driven facilities.