MEG Energy announces closing of $400 million public bought deal common share financing and concurrent $400 million private

MEG Energy announces closing of $400 million public bought deal common share 
financing and concurrent $400 million private placement common share financing 
/NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED 
STATES/ 
CALGARY, Dec. 28, 2012 /CNW/ - MEG Energy Corp. ("MEG") announced today that 
it has closed its recently announced bought deal financing (the "Public 
Offering") and concurrent private placement (the "Private Placement") of 
common shares. A total of 12,125,000 common shares have been issued pursuant 
to the Public Offering and 12,121,212 common shares have been issued pursuant 
to the Private Placement to Caisse de dépôt et placement du Québec, at a 
price of $33.00 per share, for aggregate gross proceeds of approximately $800 
million. The associated over-allotment option granted to the underwriters in 
connection with the Public Offering can be exercised at any time until and 
including 30 days from today's closing. 
The Public Offering was issued through a syndicate of underwriters co-led by 
BMO Capital Markets, Credit Suisse Securities (Canada), Inc., Barclays Capital 
Canada Inc. and RBC Capital Markets and included CIBC World Markets, HSBC 
Securities (Canada) Inc. and Morgan Stanley Canada Limited. BMO Capital 
Markets and Credit Suisse Securities (Canada) Inc. acted as joint agents to 
MEG on the Private Placement. 
The net proceeds of the Public Offering and the Private Placement, together 
with cash on hand and MEG's projected 2013 cash flow, are expected to fully 
fund MEG's 2013 capital budget, which was announced on December 10, 2012 and 
is available on MEG's website at www.megenergy.com or on www.sedar.com. 
The common shares subject to the Public Offering and the Private Placement 
have not been registered under the U.S. Securities Act of 1933, as amended, 
and may not be offered or sold in the United States absent such registration 
or an applicable exemption from such registration requirements. This press 
release shall not constitute an offer to sell or the solicitation of an offer 
to buy nor shall there be any sale of the common shares in any jurisdiction in 
which such offer, solicitation or sale would be unlawful. 
This news release contains forward-looking information, including but not 
limited to the use of proceeds from the Public Offering and Private Placement, 
projected 2013 cash flow and the ability to fully fund MEG's 2013 capital 
budget. Such forward-looking information is based on certain assumptions and 
analysis made by MEG in light of its experience and perception of current 
conditions and expected future developments as well as other factors it 
believes are appropriate in the circumstances. However, whether actual 
results, performance or achievements will conform to MEG's expectations and 
predictions is subject to market conditions and a number of known and unknown 
risks and uncertainties which could cause actual results to differ materially 
from MEG's expectations. Other factors which could materially affect such 
forward-looking information are described in the risk factors detailed in the 
continuous disclosure documents filed by MEG on SEDAR at www.sedar.com. 
MEG is focused on sustainable in situ oil sands development and production in 
the southern Athabasca 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." 
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." 
Investors Helen Kelly Director, Investor Relations 403-767-6206 
helen.kelly@megenergy.com 
Media Brad Bellows Director, External Communications 403-212-8705 
brad.bellows@megenergy.com 
SOURCE: MEG Energy Corp. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/December2012/28/c3542.html 
CO: MEG Energy Corp.
ST: Alberta
NI: OIL PVT FIN  
-0- Dec/28/2012 15:03 GMT
 
 
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