Search form Search SUBSCRIBE TO MEG NEWS WORKING WITH MEG CONTACT US About Us Operations Investors News Room Sustainability Careers High-Return, Short-Cycle Growth The Impact of Technology on MEG’s Business Model MEG Energy has transformed the way business can be done by utilizing our proven, proprietary eMSAGP technology to increase production while decreasing our costs and steam-oil ratio. Through the application of eMSAGP on our Phase 2B assets, we have realized production growth while continuing to drive our steam oil ratio down and reduce our non-energy operating costs per barrel. eMVAPEX MEG's proprietary eMVAPEX process is a continuation of eMSAGP that involves the injection of a condensable gas to maintain reservoir pressure and reducing steam injection to near-zero. The company has been piloting eMVAPEX since 2016 to test the commerciality and scalability of the technology. eMVAPEX has the potential to further enhance MEG's growth potential by reducing capital requirements, while minimizing environmental impacts to land, air and water. The eMVAPEX pilot is funded in part through government grants received from Alberta Innovates, Natural Resources Canada, Emissions Reduction Alberta, and Sustainable Development Technology Canada. Investors Creating Sustainable Value High-Return, Short-Cycle Growth Financial Information Presentations and Events Analyst Coverage Shareholder Information FAQs Contact Investor Relations Contact Us Subscribe to MEG News Related Links MEG’s overall net GHG emissions intensity is currently 22% below the industry average, and has the potential to be reduced even further as we expand our eMSAGP technology. Read more TSX:MEG$10.79(updated daily at end of trading) Legal Notice Glossary Contact Us Site Map © 2021 MEG Energy Corp.