FACILITYCalgary

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FACILITYCalgary May 6/25

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my conversation with:

Interviews with interesting Calgary shakers and movers about what drives them and what they see . . .  
 
 
This week, my conversation with Ken Chapman, Ex. Dir. , Oilsands Deveopers Group
 

 
Last week's conversation with  Hal Kvisle, CEO at Talisman Energy
 

Coming soon . . . 
 
- Duncan Robinson of SBM Inc.
 



SHAKERS AND MOVERS

 

+ Andre De Leebeeck to VP Investor Relations @ Athabasca Oil Corporation
+ Brent Foster to VP Engineering @ Madalena Ventures Inc.
+ Catherine Karakatsanis to COO @ Morrison Hershfield Group Inc.
+ David Binet to Pres. @ Woodbridge Co. Ltd, replacing Geoff Beattie who is stepping down
+ Donald Humphreys, Sr. VP & CFO @ Exxon Mobil Corporation, to retire
+ Frederick MacDonald QC to Jude, Edmonton Criminal Court @ Provincial Court of Alberta
+ Ian Atkinson to Sr. VP Thermal Oil @ Athabasca Oil Corporation
+ Jason Skehar to Pres. & CEO @ Bonavista Energy Corp.
+ Jean-Michel Geres, Pres. @ Total E&P Canada Ltd., transferred to new position at Paris headquarters, successor yet to be named
+ John Wittnebel to Mgr., Geology @ Madalena Ventures Inc.
+ Kevin Shaw to Pres. & CEO @ Madalena Ventures Inc.
+ Lamar McKay to Chief Executive, Upstream @ BP plc
+ Marianne Harrison to Sr. Exec. VP & Gen. Mgr., Canadian Division @ Manulife Financial
+ Peter Cuthbert to Sr. VP and Partner @ Fiera Properties Limited
+ Rob Bowie to VP Corp. Dev. @ Athabasca Oil Corporation
+ Rob Broen to VP Light Oil @ Athabasca Oil Corporation
+ Roy Whitney elected Chief @ Tsuu T’ina Nation
+ Robert Stanton to VP Operations @ Madalena Ventures Inc.
+ Steve Dabner to VP Exploration @ Madalena Ventures Inc.
+ Terry Fullerton to Sr. VP Exploration @ Equal Energy Ltd., left the company
+ Vikash Jain to VP & CFO @ Morguard Corporation
 
[send us your firm’s appointment notices to: kolke@facilitycalgary.com ]



FINANCINGS - proposed & closed

 

+ Algonquin Power & Utilities Corp. closed $150 million sr. unsecured debt issue
+ Birch Lake Energy Inc. is on the market to raise $2 million in new equity
+ Cominar REIT is on the market to raise $200 million in sr. unsecured debt
+ Crescent Point Energy Corp. closed $800 million equity financing
+ Encanto Potash Corp. closed $2.5 million secured convertible debt financing
+ Firm Capital Property Trust closed $20 million equity financing
+ Golconda Resources Ltd. closed sr. $5 million secured credit facility
+ H & R REIT closed $150.1 million in new units
+ LGX Oil + Gas Inc. secured $25 million bank facility
+ Manulife Financial Corporation is on the market to raise $200 million in a preferred share financing
+ Medical Facilities Corporation is on the market to raise $38 million in convertible debt
+ Nabors Industries Ltd. secured $1.5 billion unsecured revolving credit facility
+ Northern Spirit Resources Inc. is on the market to raise $6 million in share and warrants issue
+ Paramount Resources Ltd. is on the market to raise $300 million sr. unsecured debt
+ Pine Cliff Energy Ltd. closed $5,840,000 common share issue
+ Raging River Exploration Inc. is on the market to raise $68,900,000 in equity
+ Royal Bank of Canada closed $2 billion subordinated debt financing
+ Royal Dutch Shell plc closed $1.75 billion debt financing
+ Sinopec Group (China Petrochemical Corp.) on the market to raise US$1.5 billion by IPO
+ Trez Capital Senior Mortgage Investment Corporation is on the market to raise $100 million in an IPO
+ Trilogy Energy Corp. is on the market to raise $250 million in debt financing
+ Underground Energy Corporation closed $911,000 convertible debt financing
+ 3MV Energy closed $5 million tranche of its common share & warrants issue



 INFRASTRUCTURE / P3 / GREEN


+ Kaye Edmonton Clinic opened; $484 million facility is 63,200 sq. metre, is connected to Edmonton Clinic Health Academy and will connect to future builds on the University of Alberta campus

+ Alberta Premier Alison Redford named Honorary Chair of The Canadian Council for Public-Private Partnerships

FRESH TODAY 
 December 4 / 2012 


 

+ Canadian Pacific is taking a $180 million write-down on this option to build into the Powder River Basin due to soft coal markets
+ current energy prices: live link to Bloomberg.com commodities data
+ Keystone XL Pipeline public hearing in Nebraska today to review revised route skirting environmentally sensitive areas
+ Scotiabank closed its acquisition of Crédito Familiar
+ Suncor Energy Inc. announced it will cut back 2013 CapEx Budget of $7.3 billion



 NEWS REVIEW 
 Nov. 28 - Dec. 3 


 

+ Alberta’s 2nd quarter results – revenues lower by $1.4 billion, annual deficit now projected to be between $2.3 - $3 billion
+ Arsenal Energy Inc. announced its 2013 CapEx Budget of $49 million
+ Athabasca Oil Corporation sanctioned its $536 million Hangingstone SAGD project
+ Bank of Canada analysis by PIMCO
+ BP plc closed $5.55 billion sale of Gulf of Mexico assets to Plains Exploration and Production Company
+ BP plc agreed to sell its UK North Sea package of oil and gas fields to TAQA for $1.1 billion plus share of future production
+ Brookfield Office Properties Inc. announced details of its new development planned for the former Calgary Herald Building site; to be known as 225 Sixth, the full block development will involve a first tower, 56 storey (to be Calgary’s tallest), to be followed by a 2nd tower of 42 storeys
+ Cenovus Energy plan for extensive natural gas drilling on Suffield base land stopped by Federal Governent concerns over environmental sensitivity
+ Cenovus Energy agreed to lease the former Calgary of Chamber of Commerce building vacated last month, from new owner Allied Properties REIT
+ Crescent Point Energy Corp. closed its acquisition of Ute Energy
+ Equal Energy Ltd. sold $11.4 million in royalty assets to Keystone Royalty Corp. and consolidating to its Oklahoma City office
+ Fiera Capital Corporation closed its acquisition of Canadian Wealth Management Group Inc.
+ Firm Capital Property Trust closed $27 million acquisition of 4 properties from Calloway REIT
+ Foster Wheeler AG acquired Three Streams Engineering Ltd.
+ Genstar acquiring 129 hectares of NE land (Metis Trail and future Airport Trail) from Oscar Fech for $75.5 million
+ ISG Capital Corporation completed its conversion to a REIT structure; Firm Capital Property Trust
+ Nexen Inc. takeover by CNOOC Ltd.; speculation the deal will be approved by Canadian and U.S. governments buoyed stock price following re-submission of the deal to regulators
+ Pembina Pipeline Corporation announced its 2013 CapEx Budget of $965 million
+ Salans LLP, Fraser Milner Casgrain LLP and SNR Denton partners approved combination to form global law firm; to operate as DENTONS
+ Skope Energy Partners, Skope Energy Inc. and Skope Energy International Inc. entered CCAA creditor protection
+ TimberRock Energy Corp. acquired All Points Energy Ltd.
+ Toscana Energy Income Corporation closed its acquisition of  west central Alberta assets for $17.5 million
+ UBS in negotiations over LIBOR rate rigging penalties, expected to be hit with $450 million penalty



 SAVE THE DATE / upcoming events

 

+ Dec. 4, Lonestar West Inc., Annual General Meeting, Calgary
+ Dec. 4-5; 11th Annual Shutdowns Superconference, Hyatt Regency, Calgary info/register
+ Dec. 10-12; 2012 CAPP Investment Symposium, Toronto
+ Dec. 12; OPEC, 162nd Ordinary OPEC Meeting, Vienna info/register
+ Dec. 13; Gallic Energy Ltd., Shareholders and Securityholders, Calgary
+ Dec, 21; Torquay Oil Corp., Special Meeting of Shareholders, Calgary
+ Dec. 28; Alter NRG Corp., Special Meeting of Shareholders, Calgary
+ Jan. 29 & 30; 9th Annual Shale Oil & Gas Symposium, Hyatt Regency, Calgary info/register
+ Jan. 29-30; CI Energy Group’s Western Aboriginal Consultation & Negotiation Conference, Crown Plaza Chateau Lacombe, Edmonton info/register
+ Feb. 13 & 14; BUILDEX, Vancouver Convention Centre, info/register
+ Feb. 26-17; 2nd Annual Shutdowns Fort McMurray conference, Fort McMurray info/register
+ Apr. 11, 2013 – Vancouver Real Estate Forum, Vancouver Convention Centre West, SAVE THE DATE

[send us your event notices to:  kolke@facilitycalgary.com ]




Do you plan to appeal your 2013 Property Tax or Business Tax Assessement?  If you do, start planning early . . . >>>>

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FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher

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