MEG to release third quarter financial statements – conference call
advisory

CALGARY, Oct. 20 /CNW/ - MEG Energy Corp. ("MEG") announces that it intends to release its financial statements for the third quarter ended September 30, 2010 on Friday, October 29, 2010.

A conference call will be held to review the financial statements at 7:30 a.m. Mountain Time (9:30 a.m. Eastern Time) on Friday, October 29, 2010. The U.S./Canada toll-free conference call number is 1 [phone]. The international/local conference call number is (647) 427- 7450. A recording of the call will be available from 10:30 a.m. Mountain Time (noon Eastern Time) on October 29, 2010 until 10:00 p.m. Mountain Time (midnight Eastern Time) on November 26, 2010. To access the recording dial toll-free 1 [phone] or local [phone] and enter the conference password 19337269.

MEG's common shares are listed on the Toronto Stock Exchange under the symbol "MEG."

About MEG

MEG Energy Corp. is an oil sands company 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.

For further information:

John Rogers,
VP Investor Relations
MEG Energy Corp.

[phone]
[email protected]