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 
 Jan. 14 - 20 


 

+ AESO short-listed 5 companies to bid on Fort McMurray West 500Kv transmission line
+ Alberta Government opened a trade office in New Delhi, India
+ AMEC agreed to acquire Foster Wheeler for US$3.2 billion
+ ATB Financial – Daily Economic Comment
+ Avison Young published its 2014 Canada & U.S. forecast
+ Calgary City Council approved rezoning to permit construction of TELUS Sky project; 58 storey building office/apartment mix to be built on Art Central site; 750,000 sq. ft. building to be complete by fall 2017
+ Canada’s Office of the Superintendent of Financial Institutions to oversee banks participating in CDOR (Canadian Dealer Offer Rate) in wake of LIBOR scandal
+ Canadian Oil Sands Ltd. announced its turnaround plans for its upgrader (coker 8-2) will occur in the 2nd qtr 2014; project will take 3 months
+ C.D. Howe Institute published results of a study on municipal accountability ..Baffling Budgets: The Need For Clearer and More Comprehensive Financial Reporting by Canada’s Municipalities
+ CFFBank is the new name for MonCana Bank of Canada
+ Desjardins Group agreed to acquire State Farm Canada
+ Deloitted LLP acquired ATD Legal Services PC
+ Edgefront Realty Corp. completed its conversion to Edgefront REIT
+ Enbridge Inc. restarted Line 67 south of Regina after a shut-down due to leak/release of 125 barrels of heavy crude
+ Encana Corp. started recruitment of Pres, CEO and other executives for its Clearwater spin-off planned for launch and IPO mid-2014
+ Entrec Corporation announced its 2014 CapEx Budget is $46 million
+ Finance Minister Flaherty says 45,900 Canadian job losses in Dec. indicate economic recovery is still frail
+ Government of Alberta signed a trade agreement with State of Punjab, India; meanwhile stories out of India indicate India is shopping for long term oil supply contract . . . tic toc
+ Husky Energy Inc. refinery in Lima, Ohio suspended operations after power outage and chemical release
+ Kitimat LNG plant – Chevron Corporation and Apache Corporation awarded the contract for engineering, procurement and construction to the JGC/Fluor consoritum
+ Lignol Energy Corporation agreed to acquire the 45% of Territory Biofuels Limited it did not already own to control 100%
+ Neil Young came to Calgary, did a concert and left; in wake of his 4-city tour to raise money for First Nations treaty-rights litigation he drew attention to issues, took pot-shots at targets. If Ralph Klein was still with us he would describe it as a drive-by smear. Politicians were expectedly silent. Oil industry via CAPP were drawn into it without much success in advancing their viewpoint. As a contest, a draw - no winner, industry bruised but unaffected, fading talented self-promoting entertainer raised his profile to sell more music
+ nominations are open for Alberta Order of Excellence; nominate someone worthy
+ North Dakota Industrial Commission announced oil production in the state reached 975,000 barrels/day in November
+ Richardson GMP Limited agreed with Dundee Goodman Private Wealth for 60 investment advisors and support to staff to transfer to Dundee Goodman
+ Royal Dutch Shell announced it will sell of $15 billion in assets over the next two years, including some North Sea assets
+ Savanna Energy Services Corp. announced an increase in its 2014 CapEx Budget to $145.6 million
+ Shape Properties is proposing to build a $400 million retail mall on a 55 hectare site west of Canada Olympic Park – working its way through approvals process; project to open in 2018
+ Strategic Oil & Gas Ltd. announced its 2014 CapEx Budget is $80 million
+ Surge Energy Inc. agreed to acquire $109 million in SE Saskatchewan light oil assets
+ Surge Energy Inc. increased its 2014 CapEx Budget to $116 million
+ Talisman Energy Inc. declined a US$17 billion takeover bid from GDF Suez to acquire part of Talisman
+ Titan Logix Corp. adopted a shareholder rights plan
+ Total SA confirmed it has taken a 40% interest in two UK shale gas exploration plays; first major to invest in UK shale
+ Total SA received approval from Chinese authorities to invest $4 billion along with China Power Investment Corporation for a ‘coal-to-olefins’ program
+ TransCanada Corporation and State of Alaska looking to partner in an LNG export project; capital cost to be US$65 billion
+ U.S. House-Senate negotiators rolled out a US$1.1 trillion spending bill to entrench its budget negotiations in law and calm financial markets
+ WestJet Encore airline launched it services across the prairies
+ Woodside Petroleum Ltd. signed a deal with the B.C. government to develop an LNG export facility at Grassy Point near Prince Rupert
+ Woodward Davis LLP merged with MNP LLP



 QUOTES

 

“Part of the secret of success in life is to eat what you like and let the food fight it out inside.” – Mark Twain
 
“Ask not what you can do for your country. Ask what’s for lunch.” – Orson Welles 
 
“We must have a pie. Stress cannot exist in the presence of pie.” – David Mamet



 SHAREHOLDER MEETINGS

 

+ Jan. 23; Ecopetrol S.A., Extraordinary Shareholders Meeting, Bogota
+ Jan. 30; Alberta Real Estate Association, Annual General Meeting, Leduc
+ Feb. 19; Caspian Energy Inc., Special Meeting of Shareholders, Calgary
 
[send us your event notices and AGM notices to:  kolke@facilitycalgary.com ]



 SAVE THE DATE / upcoming events

 

+ Jan. 25; STARS & Spurs Gala, presented by PSAC, BMO Centre, Stampede Park, Calgary – info/tickets
+ Feb. 15; FRESH START Recovery Centre - BIG BAND DINNER & DANCE fundraiser - see classifieds
+ Feb. 19 & 20; BUILDEX Vancouver, Vancouver Convention Centre; register/info
+ Feb. 20; Vancouver Real Estate Forum, Vancouver Convention Centre; register/info
+ Mar. 5-7; World Heavy Oil Congress 2014, New Orleans; info/register
+ Mar. 11 – 13; COSIA – 2014 Oil Sands Water Conference and Workshops, Edmonton; 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 10; 2nd Annual CanTech Conference, Metro Toronto Convention Centre; register/info
+ 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




CONVERSATIONS

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 Shauna MacDonald , Principal at Brookline Public
 
Last week's conversation with Tony Militano  , President, CarbonCopy Digital
 

Archived conversations 



 SUGGESTIONS / COMMENTS:
 
feedback@facilitycalgary.com



CLASSIFIED ADS



 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

 

+ Bruce Hall to Pres. @ Twin Butte Energy Ltd.
+ Chris Dickinson to VP Australasia @ Klohn Crippen Berger Ltd.
+ Chris Synek to COO @ Tervita Corporation
+ David Ower to Dean, School of Business @ SAIT Polytechnic
+ François Vimard to CFO @ Empire Company Limited
+ Gary Morris to Interim CFO @ Tervita Corporation
+ Howard Plewes to VP, Mining Environmental Group @ Klohn Crippen Berger Ltd.
+ Jack Marsh to COO @ Donnycreek Energy Inc.
+ Jim McEvoy to U.S. Tax Partner @ Collins Barrow Calgary
+ John Faber to CFO @ Pason Systems Inc.
+ John Jason to Counsel @ Norton Rose Fulbright
+ John Stevens to Pres. & CEO @ Entrec Corporation
+ Justin Stockman to VP Specialty Channels @ Bell Media
+ Len Murray to Pres. @ Klohn Crippen Berger Ltd.
+ Mike Brady to Exec. VP @ NorthWest Healthcare Properties REIT
+ Murray Scalf to Exec. VP @ Donnycreek Energy Inc.
+ Nanci MacLean to VP Bell Media Production @ Bell Media
+ Paul Beesley to Chief Corporate Dev. Officer @ Empire Company Limited
+ Ray Brehon to Partner @ Collins Barrow Bow Valley
+ Richard Hawes to Chief Exploration Geologist @ Emperor Oil Ltd.
+ Rob Simmons to Managing Dir. @ Alberta’s Singapore Office
+ Sheila Woolridge to Manager, Chinook @ Nordstrom’s Canada
+ Todd Cook to Pres. & CEO @ Northern Property REIT
 
[send us your firm’s appointment notices to: kolke@facilitycalgary.com ]



RESIGNED, DIED or GOT THE BOOT

 

+ Dale Swanson, Pres & CEO @ Amarok Energy Inc., resigned
+ Gary Smith, Pres., Waste Processing Div. @ Tervita Corporation
+ James Britton, CEO @ Northern Property REIT, retiring
+ Jan Krizan, Director @ NorthWest Healthcare Properties REIT, stepped down
+ Mark Pytosh, CFO @ Tervita Corporation, left the company
 



BOARDROOM CHANGES, PURGES, APPOINTMENTS etc.

 

+ Catherine Gignac to Director @ Cameco
+ Dennis Nerland to Director @ Amarok Energy Inc.
+ Elisabeth Stroback to Director @ NorthWest Healthcare Properties REIT
+ Nicholas Macos to Director @ Canada Lands Company Corporation
+ Robin day, Director @ Amarok Energy Inc., resigned
+ Rod Marlin to Exec. Chairman @ Entrec Corporation
+ Samuel Ingram to Director @ Amarok Energy Inc.
+ Sarah Davis to Director @ AGF Management Limited
+ Thierry Lenoir to Director @ Sonoro Energy Ltd.
+ Tim de Freitas, Director @ Amarok Energy Inc., resigned
+ Toby Jenkins to Director @ Canada Lands Company Corporation
+ Wayne Sim to Director @ Alter NRG Corp.



FINANCINGS - proposed & closed

 

+ Aimia Inc. closed $150 million preferred share issue
+ Alexander Energy Ltd. closed $75 million special warrants financing
+ Alexander Energy Ltd. is on the market to raise $1,268,324 in a rights offering
+ Algonquin Power & Utilities Corp. closed $200 million in sr. unsecured debt
+ Canexus Corporation is on the market to raise $150 million in equity
+ Cominar REIT closed $100 million sr. unsecured debt financing
+ Desjardins Group is on the market to raise $500 million in equity
+ Kingsland Energy Corp. closed $120,000 equity financing
+ Jadela Oil Corp. is on the market to raise $180,000
+ Margaux Resources Ltd. closed $370,000 equity financing
+ Marksmen Resources Inc. closed $123,125 financing
+ Northwest International Healthcare Properties REIT closed $1,704,140 over-allotment of its recent equity financing
+ Pembina Pipeline Corporation closed $250 million preferred share issue
+ Petrostar Petroleum Corp. closed $497,627 equity financing
+ Peyto Exploration & Development Corp. is on the market to raise $150,280,000 in equity
+ Sunshine Oilsands Ltd. closed $45,534,588 in financings
+ Tanager Energy Inc. closed $165,000 equity financing
+ Terrace Energy Corp. closed $10,610,250 equity financing
+ TransCanada Corporation closed 4450 million preferred share issue



 INFRASTRUCTURE / P3 / GREEN


 

+ AESO short-listed 5 companies to bid on Fort McMurray West 500Kv transmission line; Alberta PowerLine, Athabasca Transmission, NorSpan Partners LP, TAMA Transmission LP and TransCanada/Elecnor
 
+ C.D. Howe Institute published results of a study on municipal accountability ..Baffling Budgets: The Need For Clearer and More Comprehensive Financial Reporting by Canada’s Municipalities



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

NEWS TODAY 
 January 21 / 2014 


 

+ Bank of Canada to make its interest rate announcement & release its Monetary Policy Report – tomorrow 
+ Caracal Energy Inc. announced its 2014 CapEx budget is $425 million
+ current energy prices: live link to Bloomberg.com commodities data
+ Kellogg Brown & Root LLC awarded contract by US Oil Sands Inc. to provide project and construction management for PF Spring Project in Utah
+ Mullen Group Ltd. announced its 2014 CapEx Budget is $100 million
+ Novus Energy Inc. closed its $310 million sale to Yanchang Petroleum International Limited
+ Royal Dutch Shell agreed to sell its Western Australia project for $1.14 billion to Kuwait Foreign Petroleum Exploration Company
+ Total Energy Services Inc. announced its 2014 CapEx Budget is $31.2 million
+ TransCanada Corporation agreed to sell Cancarb Limited to Tokai Carbon Co. for $190 million
+ World Economic Forum 2014, Davos, Switzerland – starts today; website/program and KPMG are streaming updates
+ Wrangler West Energy Corp. agreed to be acquired by Trident Exploration Corp. for $7.5 million



 sponsors of this week's issue:


CONTACT REGUS
 
BUSINESS CENTERS



CONTACT PREMIERE VAN LINES
 
OFFICE MOVERS



e-mail to Sharon Martens
 
INTERIOR DESIGN



e-mail Peter Gatzsch
 
COMMERCIAL INTERIOR CONSTRUCTION



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



 SPONSORSHIP INQUIRIES:
 
kolke@facilitycalgary.com



 INFRASTRUCTURE / P3 / GREEN


 

+ AESO short-listed 5 companies to bid on Fort McMurray West 500Kv transmission line; Alberta PowerLine, Athabasca Transmission, NorSpan Partners LP, TAMA Transmission LP and TransCanada/Elecnor
 
+ C.D. Howe Institute published results of a study on municipal accountability ..Baffling Budgets: The Need For Clearer and More Comprehensive Financial Reporting by Canada’s Municipalities



INTERESTING REAL ESTATE NEWS OTHER PLACES


+ Ivanhoé Cambridge and Hines European Development Fund JV opened ARDEKO building in Paris – 215,260 ft2




 KUDOS

 

+ to EllisDon – sending a group to Haiti to build a trades training facility!
 
+ to Pure Technologies Ltd.; recognized by Cantech as the Canadian Cleantech Stock of the Year for 2013
 



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  




PLANDflex CORPORATION
PROJECT MANAGER / P3 / PUBLISHER

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