Wildfires Prompt MEG Energy to Evacuate Non-Essential Staff from Christina Lake Project, Ensuring Safety

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5d37a1d71d9f665ef9b79e0781017e12 MEG Energy Safely Evacuates Non-Essential Personnel from Christina Lake Regional Project Amid Wildfires

CALGARY, AB, May 31, 2025 – MEG Energy Corp. (“MEG” or the “Corporation”) (TSX: MEG) issued an update today regarding operations at its Christina Lake Regional Project (CLRP) production facilities due to the regional wildfires occurring south of CLRP.

MEG Energy Safely Evacuates Non-Essential Personnel from Christina Lake Regional Project Amid Wildfires (CNW Group/MEG Energy Corp.)

As a safety precaution, MEG Energy has evacuated all non-essential staff while maintaining a team of essential personnel on site to oversee critical operations. The wildfires caused a disruption to the third-party power line infrastructure that connects CLRP to the Alberta power grid, which led MEG to safely disconnect from the grid.

MEG’s cogeneration capabilities are allowing CLRP to continue production. However, the power interruption is delaying the Phase 2B operations startup, which represents around 70,000 barrels per day of production. MEG was preparing to restart Phase 2B after successfully completing the planned turnaround when the fire situation escalated. The company is collaborating with the utility company and other stakeholders to restore the grid connection and return to full operating capacity.

“The safety of our employees and the protection of our assets are our main priorities, and neither is currently at risk,” stated Darlene Gates, President and CEO. “We are working closely with authorities and coordinating with industry partners to support one another and resume normal operations. I would like to thank Alberta’s emergency responders for their efforts in fighting the fires and wish them continued safety.”

About MEG

MEG is a leading Canadian company focused on in situ thermal oil production. The company aims to meet the increasing energy demand safely and reliably, while creating long-term value for its stakeholders. MEG is involved in the production, transportation, and sales of its oil (AWB) to customers across North America and globally. The company’s common shares are listed on the Toronto Stock Exchange under the ticker symbol “MEG” (TSX: MEG).

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SOURCE MEG Energy Corp.

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