+ Accenture PLC in talks to acquire Booz & Co.
+ Alberta and BC Premiers indicated they will work together to expand oil & natural gas exports from west coast ports notwithstanding BC government’s on-record opposition; stay tuned . . .
+ Alberta Auditor General Saher reports southern Alberta flood damage will be well over $3 billion, no signs of how to pay for it . . .
+ Alberta natural gas selling at depressed prices – compared to Henry Hub prices; Alberta government concerned on further hit to royalty revenues
+ Alberta Securities commission levied fines and penalties against Dale St. Jean, Gregory Tindall, TransCap Corporation and Strata-Trade Corporation for fraud and securities trading irregularities
+ BP allocated a further $1.4 billion for Deepwater Horizon compensation in addition of the $19.7 billion already allocated to a compensation trust fund; meanwhile BP says it has evidence of frauds in the courts supervised settlements program
+ Canadian Natural Resources Limited commented on its bitumen surface leaks at Primrose operations; say leakage is coming up through failures of old well bores in the area; SAGD activity suspended while clean up activities are on-going
+ Chevron Canada Limited agreed to acquire all interests of Alta Energy Luxembourge et al in Duvernay shale formation; 67,900 net acres
+ Energy East – TransCanada’s east-west pipeline involving re-purposing natural gas pipeline to carry oil gaining traction; support from premiers across the country, Prime Minister Harper and the marketplace; budget is $12 billion. 4,400 km line will carry 1.1 million barrels of bitumen a day from Alberta to Irving Oil refinery in St. John, NB, for completion fall 2017
+ flood repairs in Calgary continue slowly amid trades labour shortages which are expected to be more acute as insurance claims are settled, and government support for uninsured and under-insured flood victims trickle along, it is going to be a long fall . . .
+ former Pres. @ High Plains Energy Inc., Ben Anderson, ordered arrested by Alberta Securities Commission; also fined and sanctioned for data and market manipulation
+ former Pres. & CEO @ Daylight Energy Ltd,, Anthony Lambert, settled insider trading allegations by Alberta Securities Commission; $100K penalty plus forfeit of profits
+ Genesis Land Development Corp.’s Shareholde Protection Rights Plan deferred by Toronto Stock Exchange pending shareholder approval
+ Genesis Land Development Corp. in press-release and circular filings in the hissing match with dissident shareholder Smoothwater Capital Corp.; seems the water isn’t so smooth . . .
+ H & R REIT announced it will internalize its property management function
+ HealthLease Properties REIT closed acquisition of US$77.6 million in U.S. properties and $69.7 million Alberta portofolio
+ Hess Corp. agreed to sell its energy marketing unit to Centrica PLC for $731 million
+ Horizon North Logistics Inc. entered into an agreement for another large camp contract; 180 person single rooms camp for a natural gas project in NE British Columbia
+ Hudson’s Bay Co.’s acquisition of Saks increase likelihood of a REIT structure to holds its owned real estate
+ Irving Oil and TransCanada Corporation announced a JV to develop a new Saint John, New Brunswick Marine Terminal; $300 million ‘Canaport Energy East Marine Terminal’ will be operated by Irving
+ Keyera Corp. and Kinder Morgan Energy Partners LP formed a JV to develop the Alberta Crude Terminal, a crude oil rail loading facility in Edmonton
+ LoneStar Geophysical formed a strategic alliance with Wireless Seismic to better resource northern Canada seismic acquisition this winter season
+ Madalena Ventures Inc. changed its name to Madlena Energy Inc.
+ Manulife Financial Corp. announced a new building for its Quincey’s site; 27 storey, 564.000 sq. ft. building will open in March 2017 – Brion Energy will be lead tenant
+ Pembina Pipeline Corporation entered into long-term agreement with NOVA Chemicals Corporation to continue and expand storage operations at Redwater; Pembina to invest $25 million to upsize cavern storage facilities
+ Montana Exploration Corp. agreed to acquired Waldron Energy Corporation; to form a junior E & P company
+ parts of the Calgary Zoo have reopened to the public
+ potash markets reeling – and Saskatchewan expected to take a major hit from Uralkali’s withdrawal from Russian potash cartel . . .
+ PRO REIT decided to delay its IPO
+ Schulmberge Ltd. acquired a Gushor Inc., a U of C lab-startup company; CEO Steve Larter staying on
+ Talisman Energy Inc. pressing on to sell $3 billion in assets this year; Norwegian North Sea assets on the block
+ Toscana Energy Income Corporation acquired Veredus Resources Ltd.
+ TransForce acquiring Texax oilfield trucking firm E.L. Farmer
+ Trinidad Drilling Ltd. commissioned construction of a new rig for deep LNG drilling in Liard Basin
+ Wenzel Downhole Tools Ltd. got securityholder and court approval and then completed its going-private transaction
+ Whitecap Resources Inc. closed its $173.6 million acquisition of Valhalla and Garrington light oil assets