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MEG Energy
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Short description

Developer of steam-assisted gravity drainage (SAGD) enhanced oil recovery projects in the Canadian oil sands

Founded in 1999
Founded in

Company type Public Public (MEG)
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TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Calgary, AB Calgary, Canada
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Updated by Cleantech Group on 06/04/2018

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Date Company
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Date Partner Type
09/14/2021
C3 C3
MEG energy has deployed C3 and Baker Hughes' predictive intelligence application at-scale.
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Confirmed by C3
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IPO INFORMATION

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Initial shares

Ticker symbol

MEG

Exchange listed

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Prospectus

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Description

Date Investors Type Amount
06/03/2018 Sustainable Development Technology Canada (SDTC) Sustainable Development Technology Canada (SDTC) (1)
Post-money valuation of
CAD$10 million in original currency.
Grant $7,741,750
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