+ Alberta Auditor General report on use of government planes and expenses in the Premier’s office released; RCMP to investigate further
+ Alberta land sale netted $41.79 million for the Government of Alberta
+ Alberta Securities Commission issued a Cease Trade Order against directors and certain officers of Penn West Petroleum Ltd.
+ Balfour Beatty put Parsons Brinckerhoff business unit on the market for sale after collapse of merger talks with Carillion
+ Bank of America facing US$ 17 billion to settle with regulators over irregularities in sale of toxic mortgage securities during the financial crisis
+ Bowring & Co., Bombay & Co. and Benix Co. stores entered court bankruptcy protection; $86.6 million in debt, $39.5 million in debt
+ BSM Technologies Inc. acquired Praxis Transportation Solutions Inc.
+ Canadian labour-force participation fell in July to 13-year low
+ Conference Board of Canada issued a report – Alberta Fiscal Snapshot which projects Alberta to balance its books in 2014-15
+ Deloitte acquired Visser Consulting Ltd.
+ Detector Exploration closed $2.1 million purchase of west Pembina natural gas properties
+ Enbridge Pipelines Inc. entered a maintenance agreement with United Refining Company regarding Line 10; each party to invest US$ 135 million over 5 years
+ Freeport-McMorRan Inc. seeking a buyer for its on-shore California assets; expected to fetch US$5 billion
+ Kentz Global Limited shareholders approved SNC-Lavalin’s $2.1 billion takeover
+ Kinder Morgan Energy Partners LP announced it will expand its Edmonton JV (with Imperial Oil Limited) crude rail terminal currently under construction by a further 110,000 barrels/day
+ Kinder Morgan to acquire its related master limited partnerships for US$71 billion; to reorganize together with US$140 billion in assets will cost $44 billion in stock
+ Long Run Exploration Ltd. completed its acquisition of Crocotta Energy Inc.; spinning off Montney assets to operate as Leucrotta Exploration Inc.
+ Mexico’s senate approved opening the oil industry to private company investment, ending 75 yr. monopoly of state-owned Pemex
+ Murphy Petroleum agreed to sell its UK fuel stations to Motor Fuel Group, completing its exit from the UK
+ OPEC trimmed its 2014 global-consumption expectations, yet its members pumped more in July …notwithstanding disruptions in Libyan and Iraq supply
+ PanTerra Resource Corp. closed its $2.4 million acquisition of northern Alberta foothills natural gas assets
+ Pengrowth Energy Corp. struck a deal with Husky to ship its Lindbergh area production on Husky’s pipeline
+ Pine Cliff Energy Ltd. closed $33.25 million Carrot Creek/Edson asset acquisition
+ Rolls Royce opening a dealership in Calgary (does this mean we’ve really made it?); to be located on Blackfoot Trail above Deerfoot Meadows
+ S&P downgraded its rating of Canada’s biggest banks (RBC, TD, Scotia, CIBC, BMO, National Bank) over concern about Ottawa’s reluctance to bail-out banks in future
+ Shoreline Energy Corp. closed its $20.8 million acquisition of Peace River Arch assets
+ TerraVest Capital Inc. acquired NWP Industries Inc. for $12.6 million
+ TNT Crane & Rigging Inc. agreed to acquire Stamped Crane & Rigging/Eagle West Group; terms not disclosed
+ Weir Group PLC acquired Metra Equipment Inc.; price not disclosed
+ Zargon Oil & Gas Ltd. announced its 2015 CapEx Budget is $44 million
+ 3MV Energy Corp. secured a JV partner (investing $5 million) to develop its Fiske prospect in SE Saskatchewan
+ 8881723 Canada Inc. was successful in its takeover bid for BLF REIT
