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MEG Energy records bigger Q2 loss on lower oil prices, reduced bitumen output

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Canadian Press
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July 29, 2020

CALGARY — Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil prices. The Calgary-based company says it had a net loss of $80 million or 26 cents per share in the three months ended June 30 on revenue of $307 million, versus a net loss […]

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