+ ARC Resources Ltd. increased its 2014 CapEx Budget to $975 million
+ Bank of America ordered to pay US$1.3 billion in fines over defective mortgage swindle
+ Baytex Energy Corp. agreed to sell its North Dakota assets to SM Energy Company for US$330.5 million
+ Border Petroleum Limited agreed to acquire North Central Alberta assets for $2.8 million
+ Cascadia Resources Inc; changed its name to Kaymus Resources Inc.
+ Canada Energy Partners Inc. closed a $15.72 million Montney rights sale
+ Cardinal Energy Ltd. agreed to acquire Wainwright area production for $165 million
+ Cenovus Energy considering a royalty spin-off similar to Encan’s spinout of PrairieSky Royalty Ltd.
+ Centron Group started construction on its Place 10 project; 316,500 sq. ft. building at corner of 4St. & 10th Ave SW – 25,000 sq. ft. floor plates. Occupancy for early 2017
+ Chevron Corp. is looking for a new partner (or may kill the project) for its Kitimat LNG project after Apache Corporation announced it will complete exit the proposed project and sell its interest
+ Detector Exploration Ltd. closed its $2.1 million acquisition of West Pembina gas properties
+ Dixie Energy Trust closed US$8 million in Black Warrior Basin asset acquisitions
+ Euro-zone banks and governments wary – Portuguese bank (Banco Espirito Santo) rescue sending mild-tremors through European markets
+ Geokinetics Inc. agreed to acquire CGG’s North American Land seismic contract acquisition business
+ Gibson Energy Inc. and U.S. Development Group LLC are planning second phase of their east-central Alberta termainl
+ Harmony Beef’s Balzac meat packing planet gearing for fall re-opening
+ Hawk Exploration Ltd. agreed to acquire a portfolio of Alberta and Saskatchewan oil & natural gas assets from TriHawk Energy Ltd. for $1.2 million
+ Hess Corp. is establishing a master limited partnership to fund storage facilities and plants to serve North Dakota oil & natural gas assets
+ Madalena Energy Inc. announced its 2014 CapEx Budget is $36 million
+ Maha Energy Inc. and Palliser Oil & Gas Corporation agreed to amalgamate; will operate as Maha Energy Inc.
+ Major Drilling closed its acquisition of Taurus Drilling
+ Oando Energy Resources Inc. closed its US$1.5 billion acquisition of Nigerian assets from ConocoPhilips
+ Osum Oil Sands Corp. agreed to acquire Orion Oil Sands Project from Shell Canada for $325 million
+ Painted Pony Petroleum Ltd. closed its $100 million sale of SE Saskatchewan assets
+ PanTerra Resource Corp. closed its $120 million acquisition of natural gas assets
+ Penn West Petroleum Ltd. announced it will re-state 2012 & 2013 financial statements after internal review of accounting practices; meanwhile activist investors engaged counsel to launch class-action lawsuit
+ Powder Mountain Energy Ltd. closed its sale of non-core Wyoming properties for $1.99 million
+ PSAC increased their estimate for 2014 drilling activity; now forecasting 11,460 Canadian wells
+ Shoreline Energy Corp. agreed to sell Peace River Arch assets for $20.8 million
+ Surge Energy Inc. closed its $429 million acquisition of Longview Oil Corp.
+ Warburg Pincus investing US$600 million in Zenith Energy to construct oil & natural gas terminals
+ Western Energy Services Corp. increased its 2014 CapEx Budget to $170 million
