06:48 AM EDT, 10/21/2025 (MT Newswires) -- MEG Energy ( MEGEF ) Tuesday said its special meeting of MEG shareholders to vote on the deal with Cenovus Energy ( CVE ) has been postponed to Oct. 30, from the previous schedule of Oct. 22, as requested by Cenovus.

The meeting has been postponed to provide MEG shareholders additional time to deposit proxies and vote for the Cenovus transaction.

At the time the meeting was postponed, about 63% of the MEG shares represented by proxy or expected to be voted in person are in favor of approving the Cenovus transaction. Strathcona Resources ( STHRF ) is assumed to have voted against the deal.

The transaction is conditioned on the approval by MEG shareholders holding at least 66.67% of the MEG shares represented in person or by proxy at the meeting.

The deadline for MEG shareholders to deposit their proxies to vote on the deal was also revised to Oct. 29. The deadline for MEG shareholders to make an election on their preferred form of consideration was revised to Oct. 28.