+ ATP Oil & Gas Corp. filed for Chapter 11 bankruptcy protection, arranged $617.6 million debtor in possession financing
+ Bowood Energy Inc. changed its name to LGX Oil + Gas Inc.
+ current energy prices - live link to Bloomberg.com commodities data; crude slipped Monday follow strong prices last week based on strong U.S. retail sales – while Obama White House considers release from Strategic Petroleum Reserve to ease prices, a move opposed by the International Energy Agency …
+ Enerplus Corporation agreed to sell its interest in Laricina Energy Ltd. for $141 million
+ FMC Technologies Inc. agreed to acquire Pure Energy Services Ltd. for $282 million
+ Inter Pipeline Fund put its new $90 million Polaris diluent pipeline into service
+ Kinder Morgan Energy Partners agreed to sell an asset package to Tallgrass Energy Partners for $1.8 billion
+ Shell Canada’s Athabasca oil sands project hit a milestone – produced its 500 millionth barrel
NEWS REVIEW August 14 - 20
+ Agrium Inc. resisting pressure from activist Jana Capital to break-off retail arm
+ AltaGas Ltd. got Alaska government approval of its $1.13 billion acquisition of SEMCO Holdings natural gas assets
+ BP Plc has put $7.9 billion Gulf of Mexico assets on the market
+ BP Plc agreed to sell $227.5 million in Texas mid-stream assets to Eagle Rock Energy Partners
+ BP Plc agreed to sell its Carson, California refinery to Tesoro for $2.5 billion
+ Connacher Oil and Gas Ltd. agreed to sell its Great Falls, Montana refinery to Calument Specialty Products Partners LP for US$120 million
+ Dundee REIT announced plans to spin off its 86 industrial properties into a new entity, Dundee Industrial REIT – Dundee Group to invest $21 million, Michael Cooper to invest $9 million
+ Edluen Group Inc. continued its expansion with acquisition of 4 more child care centres in Ottawa
+ Europe’s instability as examined by Pimco as summer ends and Europe resumes wrestling with Greece seeking wiggle-room in its bailout conditions
+ oilsands prospects always potentially shakyas expansion plans can be affected by a glut of cheaper crude
+ Peyto Exploration & Development Corp. closed its acquisition of Open Range Energy Corp.
+ Standard Chartered Plc pled guilty to money-laundering charges, fined $340 million
+ should be serious … but this just seems too funny – Ontario Teachers’ Pension Plan Board invested $644 million in partnership with Lego’ owners to buy a Dainish cleaning firm; that’s a lot of money teachers are risking together with Lego and I just thought that was pretty amusing
+ Sun Life Financial celebrated its 100th anniversary
+ Sunshine Oilsands Ltd. in oilsands JV talks with China Petrochemical Corp.
+ TempleREIT agreed to acquire the AcclaimHotelCalgaryAirport fro $42 million
+ kudos to Peter Thorpe from Avison Young for getting behind promotion of an upcoming GALA .. HOPE RISING FOR AFRICA, September 19, Calgary Hyatt Regency info/buy tickets/table sponsorships – raising funds for initiatives in Africa. Peter says: I think you will agree there is no better calling than helping those less fortunate as they climb out of poverty. The night itself is going to be an extraordinary experience, one that people will remember a long,long time.
FACILITYCalgarynewsletters may not be reproduced, distributed, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without prior written permission. All rights reserved. PLANDflex Corporation - http://plandflex.com