Q: I know this is speculation, but if Strathcona raised their offer and closes the deal with MEG. Do you feel that the price of SCR goes down on the news, similar to WCP going down when it bought Veren. The purchaser tends to go down because they are taking on debt, or diluting, etc while the purchased goes up because of a premium on the purchase price. I'm just wondering if it makes more sense to wait on the news of the deal to finalize. One outcome being they get MEG at a higher price, and their share price pulls back a bit due to the integration risks etc. OR the deal falls through or another company gets MEG and SCR price still goes down on the news for losing the deal.

Q: Can you comment on the prospects for SCR in light of its recent bid for Meg?

Q: Good morning,

Q1. What are your thoughts on Strathacona Resources recent offer to purchase MEG?

Q2. Do you consider Strathacona's initial offer reasonable and what is the likelihood of MEG accepting Strathacona's initial offer?

Q3. What is the likelihood of another company joining the bid for MEG?

Q4. For holders of MEG, do you recommend selling on the news now and taking profits or waiting for a potentially better offer as MEG considers the current offer that may not be accepted and cause the MEG's stock price to drop back?

Thank you and I'll await your response.

Francesco