MEG has secured more than 2,300 square kilometres (900 square miles) of oil sands leases in the southern Athabasca region of Alberta - an area that we know well. In addition to our current development focus at Christina Lake, MEG’s exploration programs have defined high-quality resource opportunities at both our Surmont and Growth Property areas. With their similar geology and proximity to Christina Lake and our existing infrastructure, these areas will be central to MEG’s longer-term development plans.
Combined, these leases hold an estimated 3.0 billion barrels of proved plus probable reserves. This high-quality resource base forms the foundation for MEG's current production and strategic growth plan.