March 13 (Reuters) - Marquee Energy Ltd MQX.V :
* ANNOUNCES COMMENCEMENT OF STRATEGIC ALTERNATIVES PROCESS
* STRATEGIC ALTERNATIVES MAY INCLUDE CORPORATE SALE, MERGER OR OTHER BUSINESS COMBINATION
* HAS NOT SET A DEFINITIVE SCHEDULE TO COMPLETE ITS IDENTIFICATION, EXAMINATION AND CONSIDERATION OF STRATEGIC ALTERNATIVES
* ENGAGED GMP SECURITIES L.P AS FINANCIAL ADVISOR TO ADVISE CO IN CONNECTION WITH REVIEW AND ANALYSIS OF STRATEGIC ALTERNATIVES