+ Alberta Government netted $33 million in land sales this week
+ AltaGas Ltd. and Painted Pony Petroleum Ltd. formed a long term strategic alliance agreement to develop projects
+ Arcan Resources Ltd. plan of arrangement/re-org failed to win shareholder and debtholder support
+ Artek Exploration Ltd. increased its 2014 CapEx Budget to $86 million
+ Auto Canada Inc. agreed to acquire Lakewood Chevrolet in Edmonton
+ Bank of America reached US$16.65 billion settlement with regulators over sub-prime mortgage mis-deeds
+ British bank Standard Chartered paid US$300 million fine for money laundering activities
+ Bellatrix Exploration Ltd. being pushed by activist investor to ‘consider strategic options’, whatever that might mean ..
+ Burger King in negotiations to acquire Tim Horton’s/Wendy’s and springboard global expansion; transaction will be an inversion to make Burger King a Canadian based corporation with a U.S. subsidiary; head office will move to Toronto. Combined value to be US$18 billion
+ Calgary ranked 5th most liveable city on the planet by Economist Magazine; Vancouver and Toronto were 3rd and 4th; three Canadian cities in the top 5 is good news!
+ Chinook Energy Inc. increased its 2014 CapEx Budget to $81 million
+ Corsa Coal Corp. acquired PBS Coals Ltd. for US$60 million
+ Finavera Wind Energy Inc. agreed to acquired Solar Alliance of America for $4 million
+ Harvest Operations Corp. increased 2014 CapEx Budget to $235 million
+ Husky Energy Inc. announced its estimates for West White Rose construction is $2.35 billion plus $1.62 billion for drilling
+ Jackson Hole bankers conference shows up differences: Federal Reserve Chair Yellin is keeping cautious, not confident yet in employment growth in the U.S.; Bank of Canada Governor Poloz is more bullish on growth, and less inflation averse … and meanwhile Europeans are still skittish as many countries remain in financial malaise
+ Ivanhoe Energy Inc. announced it has insufficient funds to continue funding its capital expenditures; looking for a financing solution
+ Lafarge completed its $20 million upgrade to its Exshaw cement plant
+ LGX Oil + Gas Inc. announced its 2014 CapEx Budget is $18.5 million
+ Mercer report project salary increases this year highest in oil patch; 3.7% next year, 3.9% this year vs. national average of 2.9%
+ PanTerra agreed to acquire $24 million in Alberta foothills assets
+ Ricky’s All Day Grill & RG Lounges have acquired 27 ABC Country Restaurant locations in Alberta & BC
+ Rock Energy Inc. increased its 2014 CapEx Budget to $110 million
+ Saudi Aramco announced plans to invest US$40 billion/year over the next decade to expand and sustain oil production and double natural gas production
+ Sears Canada opened a 240,000 sq. ft. distribution centre in SE Calgary
+ Secure Energy Services Inc. closed its $107 million acquisition of Predator Midstream Ltd.
+ SNC-Lavalin completed its acquisition of Kentz Corporation Limited
+ Southern Pacific Resources Corp. concluded its strategic review process; no changes!
+ Talisman Energy Inc. announced it will proceed with sale of its 40% interest in Iraq/Kurdistan assets notwithstanding recent substantial discovery by its partner WesternZagros Resources Ltd.
+ WestCap Investment Corp. completed its conversion to R & R REIT
+ Whitecap Resources Inc. agreed to pay $267 million to various sellers to acquire a controlling interest in an Elnora area Nisku formation assets
