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Press release from CNW Group

MEG Energy files 2011 year-end financial statements

Thursday, February 23, 2012

MEG Energy files 2011 year-end financial statements18:23 EST Thursday, February 23, 2012CALGARY, Feb. 23, 2012 /CNW/ - MEG Energy Corp. filed its audited financial statements and Management's Discussion and Analysis for the year ended December 31, 2011 with the Canadian securities regulatory authorities today.To review these documents, please visit MEG's profile at www.sedar.com or see the "Financial Information" section of MEG's website at www.megenergy.com/investors.The company expects to file its Annual Information Form for the year ended December 31, 2011 in March.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."For further information: Media Brad Bellows Director, External Communications (403) 212-8705 brad.bellows@megenergy.com Investors Helen Kelly Director, Investor Relations (403) 767-6206 helen.kelly@megenergy.com