+ Alberta Government introduced Bill 9, The Condominium Property Amendment Act; more than 50 changes will impact owners, buyers, sellers, property managers and real estate agents – link to access PDF view of Bill 9
+ Anderson Energy Ltd. announced it will reorganize its business, further rationalize its shallow gas assets and raise money under a court supervised plan of arrangement; new company will be Anderson Energy Inc.
+ Artek Exploration Ltd. agreed to sell non-core Peace River Arch properties for $21.85 million
+ ATB Financial – THE OWL … Daily Economic Comment
+ Athabasca Oil Corporation announced its 2015 CapEx Budget is $266 million, down from $450 million for 2014
+ Bank of Canada maintained its overnight rate target of 1.0%
+ Bentall Kennedy’s Prime Canadian Property Fund acquired failed ‘3 Eau Claire’ project in court supervised sale; $39.6 million purchase
+ Burger King Worldwide Inc.’s $12.5 billion acquisition of Tim Horton’s Inc. got Industry Canada approval
+ Calgary housing starts down in November; building permit values still on the rise …
+ Canadian Oil Sands Limited announced its 2015 CapEx Budget is $564 million
+ Chinook Energy Inc. agreed to sell its Gilby and Karr area properties for $72 million
+ Colliers issued Q3 industrial report
+ Crestpoint Real Estate Investments Ltd. JV with PSP Investments, agreed to acquire 50% interest in Canadian industrial properties and 49.5% of U.S. industrial properties owned by H & R REIT for $731 million
+ current energy prices: live link to Bloomberg.com commodities data ; crude below US$63/barrel on global oversupply
+ Enbridge Inc. adopted an advance notice bylaw and intentions to reorganize assets
+ Ensign Energy Services Inc. ‘paused’ its 34 high-tech rig purchase program; cut in half to 17 rigs
+ Ensign Energy Services Inc. announced its 2015 CapEx Budget is $340 million
+ EOG Resources Inc. has closed its Calgary headquarters; 150 out of work
+ EOG Resources Inc. sold most of its Canadian assets to CNRL and Tundra Oil & Gas Ltd. .. details not available
+ FAM REIT got unitholder approval for its acquisition of seven office property from Slate GTA Suburban Office for $190 million
+ forecasting agency predicts US$150 billion in oil projects will face the axe in 2015, as Reuters reports it …
+ Hyduke Energy Services Inc. closed its acquisition of Thunder & Lightning Welding Ltd.
+ Imperial Oil Limited resumed production at its Kearl facility
+ Keyera Corp. agreed to acquire 35% interest in Deep-Cut Gas Plant from Bellatrix Exploration Ltd. for $230 million
+ MEG Energy Corp. announced its 2015 CapEx Budget is $1.2 billion
+ Pacific Rubiales Energy Corp. formed a JV with Alfa S.A.B de C.V. to develop Mexican projects
+ Pacific Rubiales Energy Corp. announced its 2015 CapEx Budget is $1.5 billion
+ Petronas announced it’s plans have changed for its Pacific NorthWest LNG; engineering work to be sent offshore to keep costs down
+ Precision Drilling Corp. reduced its 2014 CapEx Budget by $23 million; set 2015 CapEx Budget is $493 million
+ Precision Drilling Corp. agreed to sell its U.S. coil tubing operations for $44 million
+ Southern Pacific Resource Corp. engaged advisors to explore strategic alternatives
+ Statoil deferred its decision to invest YUS$5.74 billion to enhance production from Norwegian Sea projects under profitability pressures
+ The Italian Centre Shop is entering the Calgary market; taking over the former Sobey’s location at Fairmount Place shopping centre
+ Trilogy Energy Corp. announced its 2015 CapEx Budget is $250 million
+ TSX suffered biggest drop in 18 months yesterday on energy selloff…
+ Vermilion Energy Inc. announced its 2015 CapEx Budget is $525 million
+ Waldron Energy Corporation engaged advisors to undertake sale of assets to realize shareholder value
