Advising MEG Energy and Cenovus Energy on $8.6 billion acquisition

Sodali & Co is pleased to have served as strategic shareholder advisor to both MEG Energy Corp. and Cenovus Energy Inc. on their pivotal $8.6 billion transaction. Our team successfuly supported our clients through a complex, high-profile transaction of significant importance to the industry.

Cenovus Energy, a Canadian integrated oil and natural gas company, and its acquisition of MEG Energy, a pure play Canadian oil sands producer, represents a landmark moment in the Canadian energy sector, bringing together two companies with deeply aligned operational strengths and shared commitments to innovation, responsible development, and long-term value creation.