MEG Energy Corp. (TSX: MEG) has provided an operational update regarding its Christina Lake Regional Project (CLRP) in response to regional wildfires located south of the production facilities. As a precautionary safety measure, the company has proactively evacuated all non-essential personnel from the site. Critical operating staff remain on-site to maintain essential functions and ensure the continued safety of the operations.

The wildfires have led to an outage affecting third-party power line infrastructure that connects the CLRP to Alberta's electric grid. Due to this, MEG Energy safely disconnected its facilities from the grid. Despite this disruption, the company's cogeneration capabilities are currently enabling continued production at CLRP. However, the power outage is causing a delay in the startup of MEG's Phase 2B operations. These operations, which were poised to restart following the successful completion of a planned turnaround, represent a significant production capacity of approximately 70,000 barrels per day.

MEG Energy is actively collaborating with the utility company and other relevant stakeholders to expedite the restoration of the grid connection and aims to return to full production capacity as swiftly and safely as possible. Darlene Gates, President and CEO of MEG Energy, emphasized the company's unwavering commitment to safety, stating, "The safety of our people and protection of our assets remain our top priorities, and there is no immediate risk to either." She also expressed gratitude towards Alberta's emergency responders for their diligent efforts in combating the fires and highlighted the ongoing coordination with industry peers to support mutual recovery and the swift resumption of normal operations.

MEG Energy Corp. is recognized as the leading pure-play in situ thermal oil producer in Canada. The company's core purpose is to meet the growing global demand for energy, produced in a safe and reliable manner, while consistently generating long-term value for all its stakeholders. MEG is involved in the production, transportation, and sale of its oil (AWB) to a diverse customer base throughout North America and internationally. The common shares of MEG Energy Corp. are publicly listed on the Toronto Stock Exchange under the ticker symbol "MEG".