(Il Sole 24 Ore Radiocor) - Milano, 16 mag - Canadian oil sands producer MEG Energy said it will consider and evaluate a Strathcona offer and related take-over bid if and when received.

Strathcona, an Alberta-based oil and gas producer, said on Thursday it planned to make an offer to buy out all MEG shares it does not already own.

"No formal offer has been made by Strathcona and MEG shareholders are advised to take no action with respect to any Strathcona offer until the Board has had an opportunity to fully review the offer, if and when received, and to make a recommendation as to its merits," MEG Energy said.

As part of the takeover bid on Thursday, Strathcona said it would offer 0.62 of its shares and 4.10 Canadian dollars in.

cash per MEG Share.

(RADIOCOR) 16-05-25 17:06:31 (0504) 5 NNNN