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by Stockwatch Business Reporter

West Texas Intermediate crude for December delivery added nine cents to $60.57 on the New York Merc, while Brent for December added eight cents to $65.00 (all figures in this para U.S.). Western Canadian Select traded at a discount of $12.40 to WTI, up from a discount of $12.90. Natural gas for December added 14 cents to $3.95. The TSX energy index lost 1.15 points to close at 285.01.

Today is the day -- or not. Oil sands producer MEG Energy Corp. (MEG), down 32 cents to $29.48 on 2.13 million shares, was ready to hold a twice-rescheduled shareholder meeting this morning to seek approval for its takeover by Cenovus Energy Inc. (CVE), down 33 cents to $23.47 on 14.4 million shares. Yet the meeting continues to be plagued by delays.

For context, the original meeting date was Oct. 9. It was pushed back to Oct. 22 after Cenovus sweetened its offer in an attempt to outbid hostile suitor Strathcona Resources Ltd. (SCR: $36.72), and then pushed back again to Oct. 30 to round up more proxies. Even after Strathcona dropped its bid earlier this month, preliminary voting results suggested that Cenovus's bid was falling short, particularly with Strathcona (a sizable MEG shareholder) thought to have voted no. Cenovus sweetened its offer again on Monday, at which point Strathcona came on board, in theory setting the stage for approval at the meeting today.

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