MEG Energy Corp. said on Monday it has received regulatory approval for the third phase of its Christina Lake project.

“With today’s announcement, we now have approvals in place for 210,000 barrels per day of design production capacity at Christina Lake,” said Bill McCaffrey, MEG President and Chief Executive Officer. “This is just another step in our strategy to increase production capacity tenfold by 2020.”

Phase 3 is a multi-stage expansion of MEG’s current Christina Lake Phases 1 and 2. Like previous phases, Phase 3 will use steam assisted gravity drainage, a thermal recovery technology that limits surface land disturbance and recycles approximately 90% of the water used in the process.