MEG invested $36 millionin the third quarter of 2020 compared to $20 millionin the second quarter of 2020. MEG is an energy company focused on sustainable in situ thermal oil production in the southern Athabasca region of Alberta, Canada. The economic decision to divert sales volumes from rail contracts at Edmonton to the USGC more than recovered the cost of contract cancellations. Le CA par activité se répartit comme suit : Cours en clôture Hong Kong Stock Exchange - 23/10, Financements internationaux en vue pour un projet russe de GNL, La Tanzanie et l'Ouganda signent un accord pour la construction d'un oléoduc, Pétrole et gaz - exploration / production, Pétrole et gaz - exploration / production - NCA, Secteur Pétrole et gaz - exploration / production - NCA, SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION, Chief Executive Officer & Executive Director, China State-Owned Assets Supervision & Admn Commission, Capital Research & Management Co. (World Investors), Capital Research & Management Co. (Global Investors), Atticus Management LLC (Investment Management). Three months ended The increase in average AWB blend sales price quarter over quarter was primarily a result of the average WTI price increasing by US$13.08per barrel in addition to the average WTI:AWB differential at Edmontonnarrowing by US$2.96per barrel. The use of any of the words 'anticipate', 'continue', 'estimate', 'expect', 'may', 'will', 'project', 'should', 'believe', 'plan', 'intend', 'target', 'potential' and similar expressions are intended to identify forward-looking statements. Cash operating netback is a non-GAAP measure widely used in the oil and gas industry as a supplemental measure of a company's efficiency and its ability to fund future capital expenditures. This participant mused on the merits of CNOOC’s decision. Copies of the AIF and MEG's other public disclosure documents are available through the Company's website at www.megenergy.com/investors and through the SEDAR website at www.sedar.com. Read more about cookies here. The increase in sales to the USGC in the third quarter of 2020 is primarily a result of the Corporation's increased contracted transportation capacity on the Flanagan South and Seaway Pipeline systems ('FSP') effective July 1, 2020from 50,000 bbls/d to 100,000 bbls/d. Oil and gas company CNOOC Limited has started production from the Jinzhou 25-1 Oilfield 6/11 Area lo... CNOOC Limited has started production from the Bozhong 19-6 condensate gas field pilot area developme... China’s CNOOC Limited has started production from the Luda 21-2/16-3 regional development in the Boh... CNOOC Limited has started production from the Nanbao 35-2 oilfield S1 area located offshore China. The forward-looking information included in this news release is expressly qualified in its entirety by the foregoing cautionary statements. CNOOC International understands that being a responsible energy producer in oil sands is critical to our global economy as oil plays a key role in the current and future energy mix. September 30. Our oil sands development is an important component of CNOOC International’s global portfolio, and the company has an interest in more than 300,000 acres in the Athabasca region. “Given the sensitivities, it probably was not a bad decision to take a pass.”.

production and development. These non-GAAP financial measures should not be considered in isolation or as an alternative for measures of performance prepared in accordance with IFRS. development includes one newbuild 150,000 dwt FPSO and three underwater [4] The value of those reserves is over $19.8 billion. Read More. Certain financial measures in this news release including free cash flow and cash operating netback are non-GAAP measures. The screening procedures and protocols implemented by the Corporation's COVID-19 task force during the first quarter of 2020 currently remain in place to ensure continued safe and reliable operations.


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