Strathcona Resources also has a standing offer to acquire MEG Energy, and has opposed the proposed sale to Cenovus Energy.

Multiple MEG Energy Corp. MEG-T investors are planning to vote against the company’s proposed $7-billion sale to Cenovus Energy Inc. CVE-T , according to two sources familiar with the matter.

Shareholders of MEG, Canada’s last pure-play oil sands producer, will meet Thursday to decide the fate of the transaction, which requires at least two-thirds voting support for the deal to proceed. Strathcona Resources Ltd., which recently boosted its stake in MEG to 14.2 per cent and also has a standing offer to acquire the company, has ardently opposed the Cenovus bid .

Several of MEG’s largest shareholders held meetings with Cenovus chief financial officer Kam Sandha

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