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MEG Energy Corp.

11:39 AM EST - MEG Energy Corp. : reported first-quarter 2013 operational and financial results. Highlights include: Record quarterly production volumes of 32,531 barrels per day as MEG drives toward a 2013 exit production rate 30% to 50% higher than 2012 average volumes and a nearly 180% increase over 2012 averages by early 2015. Low net operating costs of $10.44 per barrel, which mitigated the challenging price environment through January and February - prices began to improve in March and continued to strengthen in April. MEG Energy Corp. shares T.MEG are trading up $1.00 at $28.05.