+ Tricon Capital Group closed its US$18.5 million investment in Johnson Companies LP, a Houst-based land development manager
+ Canada Pension Plan Investment Board closed a big deal in Australia; they partnered with Dexus Property Group to acquire $3.8 billion portfolio – and have $701 million (4 properties) alreadyunder contract for sale …
PrairieSky $700 million IPO | SMART Technologies founders resigned | Alberta Q2 economic outlook | Mike Tims interview | recent appointments + new financings >>>>
+ PetroChina announced it will increase its 2014 CapEx Budget for shale gas to US$1.6 billion
+ Revera Inc. closed its investment to acquire 76% of Sunrise Senior Living Management Company; Heath Care REIT taking the remainder
PAST WEEK NEWS REVIEW Apr. 15 - 21
+ Alaska Legislature approved 25% equity participation in LNG export project of TransCanada Corporation, Alaska Gasline Development Corp & major north slope producers
+ Alberta Government land sales netted $19.54 million
+ Athabasca Oil Corporation exercised a put option, triggering sale of its 40% interest in the Dover Commercial Project (oil sands) to Phoenix Energy Holdings Limited for $1.32 billion
+ Blackbird Energy Inc. completed its acquisition of Pennant Energy Inc.
+ Canada Pension Plan Investment Board closed a big deal in Australia; they partnered with Dexus Property Group to acquire $3.8 billion portfolio – and have $701 million (4 properties) alreadyunder contract for sale …
+ Encana Natural Gas Inc. sold most of its U.S. assets to Stabilis Energy; price not disclosed
+ Gibson Energy Inc. agreed to acquire Cal-Gas Inc.
+ Glenmore Xstrata plc agreed to acquire Caracal Energy Inc. for $1.35 billion
+ Lightstream Resources Ltd. agreed to sell its SW Saskatchewan business unit for $141 million
+ National Energy Board approved an LNG export license for Triton LNG Limited Partnership – AltaGas led project; terminal/plant site to be determined (Kitimat or Prince Rupert)
+ PrairieSky Royalty Ltd. is the name of Encana Corp.’s spinoff royalty interest; preliminary prospectus filed for $700 million IPO
+ Shaw Communications laying off 440 people in a 3% workforce consolidation; 140 job losses in Calgary
+ Shoreline Energy Corp. got its credit facility accelerated (lawyer-speak for having you loan called)
+ TELUS Corporation has, again, agreed to acquire Mobilicity (under court supervised CCAA protection) for $350 million; deal will be subject to government approval …
+ TransCanada Corporation closed its $190 million sale of Cancarb Limited to Tokai Carbon Co.
+ Tricon Capital Group closed its US$18.5 million investment in Johnson Companies LP, a Houst-based land development manager
+ U. S. government – State Department has further delayed its approval decision on the Keystone XL Pipeline on the grounds of pending litigation about the pipeline in Nebraska; most commentator expect decision to be stalled until after November 2014 mid-term elections
