Oct 17 (Reuters) - MEG Energy Corp MEG.TO :
* MEG ENERGY'S BOARD OF DIRECTORS UNANIMOUSLY REJECTS HUSKY ENERGY'S OFFER AND RECOMMENDS MEG SHAREHOLDERS NOT TENDER
* MEG ENERGY CORP - "MEG'S STAND-ALONE PLAN IS WORTH SUBSTANTIALLY MORE THAN VALUE PROPOSED TO BE DELIVERED BY HUSKY IN HUSKY OFFER"
* MEG ENERGY- HUSKY OFFER MUST REMAIN OPEN UNTIL AT LEAST JAN 16, 2019 UNLESS OTHERWISE EXTENDED, ACCELERATED OR WITHDRAWN IN ACCORDANCE WITH ITS TERMS
* MEG ENERGY CORP - UPON RECEIPT OF HUSKY OFFER, BOARD ENGAGED WITH FINANCIAL AND LEGAL ADVISORS TO REVIEW HUSKY OFFER
* MEG ENERGY - BOARD HAS UNANIMOUSLY CONCLUDED THAT HUSKY OFFER "SIGNIFICANTLY UNDERVALUES" CO'S COMMON SHARES