(RTTNews) - Strathcona Resources Ltd. (SCR.TO), a Canadian oil and gas producer, said on Friday that it has commenced its offer to acquire shares of MEG Energy Corp. (MEG.TO) for 0.62 of share of ...

Strathcona is an oil and gas producer with headquarters in Calgary The company in May offered to acquire those MEG shares it does not already own for 0.62 per share of Strathcona and C$4.10 in cash ...

MEG Energy's board has once again recommended its shareholders reject a new bid from Strathcona Resources, which last week increased its offer as it looks to outbid rival Cenovus Energy. The Canadian ...

CALGARY, AB, Sept. 8, 2025 /CNW/ - MEG Energy Corp. (MEG:CA) ("MEG", or the "Company") is responding to the news release issued on September 8, 2025 by Strathcona Resources Ltd. ("Strathcona") ...

Sept 8 (Reuters) - The bidding war for Canadian oil sands producer MEG Energy (MEG.TO), opens new tab heated up on Monday as Strathcona Resources (SCR.TO), opens new tab raised its offer, seeking to ...

Oil sands tailings, the waste byproducts of bitumen mining, go into a tailings pond at the Suncor oil sands operations near Fort McMurray (Reuters) - Canadian oil sands producer MEG Energy on Monday ...

Selling by WEF and its investors to provide liquidity will put downward pressure on the share price MEG is a uniquely attractive investment opportunity that warrants a premium valuation MEG has ...

Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash and stock, per Reuters calculations. The offer represents a 9.3% premium to MEG Energy ...

Aug 28 (Reuters) - Canadian oil and gas producer Strathcona Resources (SCR.TO), opens new tab said on Thursday it intends to buy an additional 5% stake in rival MEG Energy (MEG.TO), opens new tab and ...

Strathcona Resources lifted and extended its hostile offer for MEG Energy to 0.80 Strathcona shares per MEG share, valuing MEG at C$30.86 and topping MEG’s agreement with Cenovus by 11%, with the bid ...

MEG Energy (OTCPK:MEGEF) said Wednesday that proxy advisory firm Glass Lewis issued a report recommending shareholders vote for Cenovus Energy's (NYSE: CVE) cash-and-stock takeover offer rather than a ...

(Reuters) -Canadian oil producer MEG Energy on Monday urged its shareholders to reject a nearly C$6 billion ($4.42 billion) hostile takeover offer from Strathcona Resources, calling the bid inadequate ...