Bought another six million shares — raising its total stake in the company to 14.2%

Strathcona Resources Ltd. is doubling down on its bid to take over MEG Energy Corp. , scooping up more of the target company’s stock in the hopes of stopping rival Cenovus Energy Inc. ‘s blockbuster acquisition deal.

Strathcona, led by veteran oilpatch dealmaker Adam Waterous , has built a war chest of MEG shares, the maximum allowed under Canadian takeover rules. The company announced Thursday evening it had bought another six million shares — raising its total stake in the company to 14.2 per cent — as it vowed again to vote against Cenovus’ takeover offer at a special meeting of shareholders on Oct. 9.

“You can see what Strathcona and Adam Waterous are trying to do: if they can get some other M

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