Employees torque a pipe at a wedge well at Cenovus Energy's Christina Lake oil production facility. Photo by Brent Lewin / Bloomberg

Cenovus Energy Inc. has postponed a shareholder vote on its friendly takeover deal for MEG Energy Corp. , after early indications suggested that once again the bid could fall short of the two-thirds support required for approval.

In a statement Tuesday, MEG said about 63 per cent of shareholders support Cenovus’s bid, based on votes that were submitted by proxy, or that were expected to be voted in-person at a special meeting Thursday. The support comes “despite opposition from Strathcona Resources Ltd. which is assumed to have voted against,” MEG said.

Cenovus is exercising its right to postpone the meeting to Oct. 30, to give shareholders additi

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