CALGARY, Dec. 1, 2017 /CNW/ - MEG Energy Corp. (TSX:MEG)
announced today the appointment of Daniel
S. Farb to its board of directors.
Mr. Farb, a Canadian citizen, is a Managing Director of
Highfields Capital, a Boston-based
investment firm that manages over US$12
billion on behalf of endowments, foundations, pension funds
and other institutional investors and is MEG's second largest
shareholder. He joined Highfields in 2001 and is a Partner on the
investment team, focusing primarily on energy. He previously worked
in the Mergers & Acquisitions and Principal Investment Groups
at Goldman Sachs. Mr. Farb graduated from McGill University and holds an MBA from
Harvard Business School.
Bill McCaffrey, President, Chief
Executive Officer and Director, welcomed Mr. Farb to the team. "Dan
brings strong financial and management skills and a wealth of
investment experience to our Board," Bill said. "He will be an
important addition to our already strong team at MEG."
"MEG's assets are underappreciated by the market, and I am
excited to be part of helping the company build on its successes to
date," said Mr. Farb. "I am looking forward to working with Bill
and the other members of the Board as MEG continues to implement
its highly-economic growth plans."
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, please contact:
Investors
Helen
Kelly
Director, Investor Relations
403-767-6206
helen.kelly@megenergy.com
Media
Davis
Sheremata
Senior Advisor, External Communications
587-233-8311
davis.sheremata@megenergy.com
SOURCE MEG Energy Corp.