+ Aston Hill Financial Inc., closing down its Calgary operations; will operated from Toronto & Halifax
+ ATB – daily economist’s outlook
+ Bank of Canada lowered its overnight rate target to 1/2% (0.5%)
+ B.C. Government put a law in place their finance minister says is a ‘blueprint for largest private investment deal’ in B.C. history; $36 billion Pacific NorthWest LNG (Petronas backed JV) project now has a legislative green light and a 25 yr. tax holiday … that’s a lot
+ Blackline GPS changed its name to Blackline Safety
+ Boardwalk REIT agreed to sell its Windsor, ON property portfolio (1,685 units) for $136,200,000
+ Canadian premiers and territorial leaders unanimously agreed to have a Canadian Energy Strategy; but light on details – mostly agreement that they should have one … tic toc .. as memories of Alison Redford being shot down for trying to do the same thing two years ago …
+ Canamax Energy Ltd. closed its $24.3 million acquisition of Grande Prairie and Grimshaw area assets from Storm Resources Ltd.
+ CAPP issued its 2015 Natural Gas Forecast & LNG Report
+ chartered banks lowered their prime lending rates in response to the Bank of Canada rate announcement: CIBC, Desjardins Group, Equitable Bank, Laurentian Bank, National Bank, RBC Royal Bank, Scotiabank & TD Canada Trust to 2.70%,
+ current energy prices – live link to Bloomberg energy prices
+ Greek banks re-opened after three weeks shut: rescue back-on-rails as German parliament approved participation in funding the bailout; still a big question whether Greek citizens will support deepened austerity plans
+ High North Resources Ltd. completed their ‘shares for debt’ reorganization
+ Husky Energy started production at its Rush Lake heavy oil thermal project in Saskatchewan; 10,000 barrels/day within eight weeks of starting steam operations
+ Infinito Gold Ltd. ceasing operations, unable to pay $90.1 million in debt; all directors and officers resigned
+ Ivanhoe Energy Inc.’s receiver KPMG put the defunct company’s assets (oil sands leases, patents and tax pools) on the market for sale
+ Kelt Exploration Ltd. re-organizing/re-designing the company into Alberta and BC business units to better suit potential suitors …
+ Nexen Energy ULC suffered a 5 million litre emulsion leak from a pipeline rupture near its Long Lake facility SE of Fort McMurray; cleanup is underway under strict scrutiny by AER (Alberta Energy Regulator)
+ New Star Energy Ltd. completed its takeover by Sinoenergy Pacific Corp.; new/continuing entity is wholly-owned by Sinoenergy and will continue to operate as New Star Energy Ltd.
+ Northern Frontier Corp. agreed to acquire the construction operations of Black Diamond Group Limited
+ Platino Energy Corp. completed its amalgamation with 1901558 Alberta Ltd; merged entity to operate as Colombia Oil and Gas Subsidiary Ltd.
+ Schneider Electric agreed to sell its industrial software unit to Aveva; complex share swap deal worth US$857.7 million, gives Schneider a 53.5% interest in Aveva ..
+ Scotiabank agreed to acquire Citigroup’s retail and commercial operations in Panama and Costa Rica
+ Shaw Communications is planning a new Calgary state-of-the-art data centre in conjunction with ViaWest to serve its own and 3rd party users; to open fall/2015
+ Sun Life signed a deal with University of British Columbia Faculty Pension Fund to manage $2 billion in assets
+ The Caldwell Partners International Inc. rejected the unsolicited takeover proposal made by DHR International; DHR continues rattling .. tic toc ..
+ Toro Oil & Gas Ltd. closed its first tranche ($8 million) of a production volume royalty deal with Source Rock Royalties Ltd.
+ Westcore Energy Ltd. agreed to acquire 100% of the oil & gas interests of 49 North Resources Inc. and Allstar Energy Limited; aggregate price is $3 million