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Press release from CNW Group

MEG Energy appoints Chief Financial Officer

Tuesday, August 06, 2013

MEG Energy appoints Chief Financial Officer

08:45 EDT Tuesday, August 06, 2013

CALGARY, Aug. 6, 2013 /CNW/ - MEG Energy Corp. announced today the appointment of Eric Toews to the position of Chief Financial Officer.

"Eric brings to MEG more than 20 years of experience, expertise and strategic leadership in the financial sector," said Bill McCaffrey, President and Chief Executive Officer. "His career has been exclusively focused in oil and gas which will be invaluable as we continue to move forward with our long-term growth strategy."

Toews joins MEG Energy from BMO Capital Markets where for the past eight years he has held the position of Managing Director, providing strategic financial and capital raising advice to Calgary-based oil and gas companies.  Prior to joining BMO Capital Markets, he worked for nine years with leading Canadian and U.S. investment banks based in Calgary, Toronto and New York, focused on the Canadian oil and gas sector. Toews, a chartered accountant, spent the first six years of his career in public accounting with PriceWaterhouse in Calgary and Ernst & Young in Regina. He holds a Bachelor of Administration degree from the University of Regina and is a member of the Canadian and Alberta Institute of Chartered Accountants.

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."


SOURCE: MEG Energy Corp.

For further information:

For further information, please contact:

Investors
John Rogers
Vice President, Investor Relations
403-770-5335
john.rogers@megenergy.com

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