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MEG MEG Energy Corp

30.77
-0.03 (-0.10%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
MEG Energy Corp TSX:MEG Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -0.10% 30.77 30.70 30.82 31.05 30.42 30.86 2,237,138 21:12:22

Devon Energy Nears Deal to Sell Pipeline Stake to Wolf Infrastructure -Bloomberg

12/07/2016 8:22pm

Dow Jones News


MEG Energy (TSX:MEG)
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Devon Energy Corp. (DVN) is near a deal to sell its 50% stake in the Access Pipeline in Canada to Calgary-based Wolf Infrastructure Inc., Bloomberg News reported Tuesday.

The potential sale could value Devon's stake at up to 1.5 billion Canadian dollars ($1.15 billion), Bloomberg reported, citing people familiar with the matter.

Devon's partner in the Access Pipeline, MEG Energy Corp. (MEG.T, MEGEF), previously said it was exploring options for its 50% interest.

Full story at http://www.bloomberg.com/news/articles/2016-07-12/cppib-backed-wolf-said-near-deal-for-devon-s-canadian-pipeline

Write to nymonitoring@dowjones.com

 

(END) Dow Jones Newswires

July 12, 2016 15:07 ET (19:07 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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