Aug 19 (Reuters) - Marquee Energy Ltd MQL.V says -
* Marquee Energy, Alberta Oilsands entered into arrangement agreement
* Alberta Oilsands will acquire all of issued and outstanding common shares of Marquee
* Marquee Energy Ltd says on completion of arrangement, Marquee shareholders will own approximately 49% of common shares of New Marquee
* Marquee shareholders will receive, for each marquee share held, 1.67 common shares in capital of Alberta Oilsands
* New Marquee to be led by current management team of Marquee
* Board of directors of New marquee will include an equal number of current directors of Marquee and of Alberta Oilsands, respectively Source text for Eikon: Further company coverage: MQL.V , AOS.V