FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

SIGN UP

 PAST WEEK NEWS REVIEW 
 Feb. 11 - 17 


 

+ Alberta’s top 65 Employers for 2014
+ Alexander Energy Ltd. and Renegade Petroleum Ltd. agreed to combine in $495 million transaction
+ American Hotel Income Properties REIT LP agreed to acquire Virginia hotel portfolio for SU$37.1 million
+ Apache Corporation agreed to sell all its operation in Argentina to YPF for US$800 million
+ Artek Exploration Ltd. announced its 2014 CapEx Budget is $62 million
+ ATB Financial – Daily Economic Comment
+ BA Energy Inc. filed regulatory application to amend Heartland Upgrader Project planned product mix, to produce lighter crude
+ Birchcliff Energy Inc. announced its 2014 CapEx Budget is $275 million
+ Canada Pension Plan Investment Board made a US$ 200 million infrastructure investment in Peru
+ Clearview Capital Fund III LP closed its acquisition of Novik Inc.
+ Corridor Resources Inc. formed $100 million JV with Government of Quebec  and Petrolia Inc. for funding  exploration and development on Anticosti Island
+ DonnyCreek Energy Inc. announced its 2014 CapEx Budget is $52.2 million
+ Euro-zone … 15 yrs. on; Brookings Institution outlook for future of Euro
+ Government of Alberta announced more new schools projects; 10 new schools and one modernization in Calgary, four new schools for Edmonton – full details
+ Government of Alberta further announced new schools – 1 each for Airdrie, Leduc, Fort Saskatchewan and Lethbridge
+ Government of Canada – Finance Minister Flaherty’s budget speech was stay-the-course projecting $3 billion deficit after projecting a $3 billion contingency; in other words, a balanced budget without saying so … safe status quo as the government gears up for a surplus and election campaign in 2015
+ Homburg Invest Inc. restructuring continues to drag on; CCAA protection extended to March 11th
+ Husky Energy Inc. announced it sold one million barrels of oil to an Indian refinery
+ Jos. A. Bank Clothiers Inc. agreed to acquire Eddie Bauer for $825 million
+ Murphy Oil Corp. announced it has plans to divest US$3 billion in Asian assets
+ Longview Oil Corp. engaged advisors to deal with an unsolicited takeover bid
+ Longview Oil Corp. adopted a shareholders rights plan; challenged by Toronto Stock Exchange who have deferred it
+ Occidental Petroleum Corp. taking steps to spin off its oil & gas assets in California, moving headquarters from Los Angeles to Houston
+ Occidental Petroleum Corp. reached agreement to sell US$1.4 billion in central U.S. natural gas field interests to an undisclosed buyer
+ PwC Canada acquired Westmark Consulting
+ REALpac Real Estate Investment Forum/IPD Canada Annual Property Index presentation, Glen Gould Studio, CBC Toronto
+ Rio Tinto agreed to sell its LNG wharf and land options to Royal Dutch Shell plc led LNG Canada consortium
+ Royal Dutch Shell putting 3 of its British North Sea assets on the market for sale
+ Samsung Heavy Industries Co. ltd. signed a US$1.46 billion deal to construct a floating LNG productions, storage and off-loading unit for Petronas
+ SaskPower completed its $1.3 billion renovation of Boundary Dam 3 (just south of Estevan) which will capture 90% of carbon emissions for sale to Cenovus Energy Inc.
+ Shell Canada Limited suspended is proposed Pierre River oilsands mine while the company reviews pace and schedule of other projects
+ Sobeys have agreed to sell 30 stores to Overwaitea Food Group (Sav-On) and Federated Co-operatives Ltd. for $430 million to meet competition bureau requirements involved with its takeover of Canada Safeway
+ Surge Energy Inc. closed $109 million acquisition of SE Saskatchewan light oil producing assets
+ Talisman Energy Inc. announced its 2014 CapEx Budget is $3.2 billion
+ Talisman Energy Inc. in search for a JV partner; continuing its Duvernay appraisal program
+ Terra Energy Corp. announced its 2014 CapEx Budget is $14.3 million
+ TerraVest Capital Inc. closed its acquisition of Gestion Jerico Inc.
+ Toscana Energy Income Corporation closed a $20 million acquisition of NW Alberta crude oil assets
+ Trinidad Drilling Ltd. announced its 2014 CapEx Budget is $315 million
+ U.S. Congress and Senate approved an increase in their government’s debt ceiling through to March 2015 without previous acrimony and foot dragging that forced a government shutdown and near-default last fall



 SHAREHOLDER MEETINGS

 
+ Feb. 19; Caspian Energy Inc., Special Meeting of Shareholders, Calgary
+ Feb. 26; Royal Bank of Canada, Annual Meetings of Common Shareholders, Toronto
+ Apr. 23; Celestica Inc., Annual General Shareholders Meeting, Toronto
+ Apr. 23; CN, Annual General Meeting of Shareholders, Vancouver
 
[send us your event notices and AGM notices to:  kolke@facilitycalgary.com ]



 SAVE THE DATE / upcoming events

 

+ Feb. 19 & 20; BUILDEX Vancouver, Vancouver Convention Centre; register/info
+ Feb. 20; Vancouver Real Estate Forum, Vancouver Convention Centre; register/info
+ Feb. 26; Royal Bank of Canada, Annual Meetings of Common Shareholders, Toronto
+ Mar. 5-7; World Heavy Oil Congress 2014, New Orleans; info/register
+ Mar. 6; Alberta 2014 Budget Speech, Legislature, Edmonton
+ Mar. 11 – 13; COSIA – 2014 Oil Sands Water Conference and Workshops, Edmonton; info/register
+ Mar. 18-19; 9th Annual BUILDEX Edmonton, Edmonton Northlands; info/register
+ Mar. 24 – 27, 2014; Gastech 2014 Conference & Exhibition, KINTEX, Goyang City, South Korea
+ Mar. 25; Green Real Estate conference, Metro Toronto Convention Centre, register/info
+ April 8 – 9; PSAC Spring Conference, Red Deer info/register
+ April 10; 2nd Annual CanTech Conference, Metro Toronto Convention Centre; register/info - full program
+ Apr. 15-16; Kindersley/2014, Municipal Infrastructure Conference, Kindersley, info/register
+ Apr. 25-26; World Economic Forum regional meeting on energy, climate change and innovation, Lake Louise
+ May 8; Edmonton Real Estate Forum, Shaw Convention Centre, Edmonton, register/info
+ June 3; Calgary Real Estate Leasing Conference, Telus Convention Centre, register/info
+ June 11; OPEC, 165th Ordinary Meeting, Vienna, Austria
+ July 4 – 13, 2014 – Calgary Stampede – save the date! 
 
[send us your event notices to:  kolke@facilitycalgary.com ]

FACILITYCalgary
current week data

refreshed every Tuesday morning




Mark Kolke interviews interesting Calgarians - to catch a glimpse of what drives them, how they see the world and what they see in Calgary's future:
 
This week's conversation with Jebb Fink , comedian / entertainer and TV celebrity
 
Last week's conversation with Bruce Burrell  , Fire Chief and Director of Calgary Emergency Management Agency
 

Archived conversations 



 CLASSIFIED ADS
 
LINK TO CLASSIFIED PAGE



 SPONSORSHIP INQUIRIES:
 
kolke@facilitycalgary.com



Please Join Our Mailing List
» sign up to get FACILITYCALGARY weekly by email
For Email Marketing you can trust



SHAKERS AND MOVERS

 

+ Alfonso Leon to Sr. VP & Chief of Staff @ Apache Corporation
+ Anthony Lambert to Managing Dir., Energy Investment Banking Group @ Integral Capital Markets
+ Brian Harry to Calgary Office Leader @ Egon Zehnder
+ Cameron Fowler to Group Head, Canadian Personal and Commercial Banking @ BMO Financial Group
+ Fern Glowinsky to COO @ Moneris Solutions Corporation
+ Fernando Aguillar to Pres. & CEO @ Calfrac Well Services Ltd.
+ Gary Blizzard to Corp. VP Sales @ Xebec Adsorption Inc.
+ Guy Jarvis to Pres., Liquids Pipelines @ Enbridge Inc.
+ Jeff Craig to Project Mgr., Real Estate & Construction, Safeway Ops. @ Sobeys West Inc.
+ John McBain to Pres. & CEO @ Canada Lands Company
+ John Sutherland to COO @ Questor Technology Inc.
+ Kristi Barr to VP Finance and Controller @ Pine Cliff Energy Ltd.
+ Line Rivard to Special Advisor to the Governor @ Bank of Canada
+ Parag Jhonsa to Corp. VP Bus. Dev. @ Xebec Adsorption Inc.
+ Rob Forbes to VP Construction @ Bentall Kennedy (Canada) LP
+ Ryan Kubik to Pres. & CEO @ Canadian Oil Sands Limited
+ Steve Wuori to Strategic Advisor, office of the Pres. & CEO @ Enbridge Inc.
+ Tom Chambers to Sr. VP Finance @ Apache Corporation 

[send us your firm’s appointment notices to: kolke@facilitycalgary.com ]




RESIGNED, DIED or GOT THE BOOT

 

+ Bernard Benning, VP Campus Development @ Bow Valley College, retired
+ Jim Wong, director @ Terra Energy Corp., stepped down
+ Michael Symchuk, Pres. of Rig Equipment @ Hyduke Energy Services Inc., resigned
+ Roger Plank, Pres. & CCO @ Apache Corporation, retired
+ Sue Higgins, former Calgary Alderman, died
+ Tom Podivinsky, Geophysicist @ Athabasca Oil Corporation, died

BOARDROOM CHANGES, PURGES, APPOINTMENTS etc.

 

+ Allan Bezanson to Chairman @ Gale Force Petroleum Inc.
+ Harry Knutson, Director @ Gale Force Petroleum Inc., stepped down
+ Kevin Lawrence to Director @ Pacific North West Capital Corp.
+ Sarah Morgan-Silvestor to Director @ Grant Thornton LLP
+ Scott Matheson to Chairman @ Alberta Construction Association
+ Sean Durfy to Director @ Grant Thornton LLP
+ Tony Sabelli to Director @ Terra Energy Corp.



FINANCINGS - proposed & closed

 

+ Alter NRG Corp. closed $5 million equity financing
+ Blackline GPS Corp. closed $3.5 million equity financing
+ CN is on the market to raise $250 million in debt
+ Forent Energy Ltd. closed $106,000 equity financing
+ Madalena Energy Inc. closed $23 million equity financing
+ Oando Energy Resources Inc. is on the market to raise US$ 50 million in equity
+ Polar Resources Corp. closed $150,240 equity financing
+ Relentless Resources Ltd. closed $450,000 common shares & warrants issue
+ Storm Resources Ltd. closed $34,850,000 equity financings
+ Tourmaline Oil Corp. closed $218.5 million equity financing
+ Trident Exploration Corp. closed $180 million secured debt financings



 QUOTES

 

“I hate every minute of training, but I said, “Don’t quit. Suffer now and live the rest of your life as a champion.:” – Muhammad Ali
 
“The world is full of willing people; some willing to work, the rest willing to let them.” – Robert Frost



Please Join Our Mailing List
» sign up to get FACILITYCALGARY weekly by email
For Email Marketing you can trust



PLANDflex CORPORATION
PROJECT MANAGER / P3 / PUBLISHER



 SUGGESTIONS / COMMENTS:
 
feedback@facilitycalgary.com

NEWS TODAY 
 February 18 / 2014 


 

+ current energy prices: live link to Bloomberg.com commodities data ; crude prices steady about $100/barrel due to cold weather in U.S., strong demand for heating fuel
+ Irving Oil announced it will convert it crude oil railcar fleet to DOT-111 standard
+ NextUse Recycling Ltd. planning a $30 million material recovery and recycling facility in Vancouver
+ yesterday was Family Day Holiday in Alberta; and Presidents Day in U.S.



 sponsors of this week's issue:

e-mail Peter Gatzsch
 
COMMERCIAL INTERIOR CONSTRUCTION



Carbon Copy Digital

 
 mailto:TSMITH@CARBONCOPYDIGITAL.COM
 
REPRODUCTION SERVICES



CONNECT WITH SERVPRO
JANITORIAL SERVICES



Pekarsky Stein, Alberta's Leading Boutique Search Firm
 
info@pekarskystein.com
 
SEARCH FIRM



CONTACT OMICRON
 
ARCHITECTS



CONTACT PIVOTAL
 
PROJECT MANAGEMENT




CONTACT REGUS
 
BUSINESS CENTERS



CONTACT PREMIERE VAN LINES
 
OFFICE MOVERS



 
kevin.ellis@altusgroup.com
 
CONSTRUCTION
COST CONSULTING



e-mail to Sharon Martens
 
INTERIOR DESIGN



 INFRASTRUCTURE / P3 / GREEN


 

+ Canada Pension Plan Investment Board made a US$ 200 million infrastructure investment in Peru
 
+ SaskPower completed its $1.3 billion renovation of Boundary Dam 3 (just south of Estevan) which will capture 90% of carbon emissions for sale to Cenovus Energy Inc.
 
+ Government of Alberta announced a new school for Airdrie, and one for Lethbridge
 
+ NextUse Recycling Ltd. planning a $30 million material recovery and recycling facility in Vancouver
 
+ Riverfront Placemaking on the Ottawa River – RFP call



 KUDOS

 

+ to Midwest Surveys Inc., celebrating 65th anniversary in land surveying
 
+ Calgary International Airport for eclipsing Montreal – now the 3rd busiest airport in Canada [14.3 million passengers in 2013



INTERESTING REAL ESTATE NEWS OTHER PLACES


 

+ American Hotel Income Properties REIT LP agreed to acquire Virginia hotel portfolio for SU$37.1 million



FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of MaxComm Communications - © Copyright 1999 - 2014 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:
http://maxcomm.co
http://calgaryofficespace.com
http://facilitycalgary.com

http://plandflex.com 
http://markmusing.com  


Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025