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MEG Energy Prices $800 Million Private Placement

Net proceeds will be used for general corporate purposes, including funding its 2014 capital program.

Proceeds will be used to pay for its first well at its new oil exploration project located in the Mantario area of west-central Saskatchewan.

Net proceeds will be used for general corporate purposes, including funding its 2014 capital program.

Proceeds of the private placements will be used for general working capital and Canadian exploration expenses.

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