+ Alberta land sale generated $8.94 million for the Government of Alberta
+ Bellatrix Exploration Ltd. increased its 2014 CapEx Budget to $500 million
+ BLF REIT agreed to take-over bid and going private transaction
+ Bri-Chem Corp. agreed to sell its steel pipe division
+ CanElson Drilling Inc. increased its 2014 CapEx Budget to $103 million
+ Concord Pacific are set to launch a two-tower luxury condo project in Eau Claire
+ Crew Energy Inc. closed its $222 million Deep Basin assets acquisition
+ Crew Energy Inc. increased its 2014 CapEx Budget to $285 million
+ Edgefront REIT agreed to acquire $36.7 million in Alberta properties from TriWest Capital Partners
+ Enerflex Ltd. agreed to acquire three business units of Axip Energy Services LP for US$430 million
+ Enerkem opens first commercial plant to convert garbage into chemical and liquid transportation fuels in Edmonton on June 4th
+ EPCOR Saskatchewan Water Partners won the bidding process; now lead proponent to design, build, finance, operate and maintain Regina’s news sewage treatment plant; estimated $244 million project is due for completion by end of 2016
+ First Calgary Financial and Chinook Credit Union agreed to merge
+ Government of Canada announced the creations of a Major Projects Management Office West to coordinate activities of energy infrastructure in Alberta and BC; location and timing not announced
+ Gran Tierra Energy Inc. agreed to sell its Argentina business to Madalena Energy Ltd for US$ 69 million
+ Ivanhoe Cambridge put the Royal York in Toronto and Hotel Vancouver on the market for sale
+ Lightstream Resources Ltd. agreed to sell a portion of its conventional assets in SE Saskatchewan for $98 million
+ Long Run Exploration Ltd. closed its $225 million acquisition of oil & gas interests in Deep Basin and Pine Creek areas
+ Marathon Oil agreed to sell its Norwegian unit for US$2.2 billion
+ National Energy Board has begun its transition/move to new headquarters in Centre 10 building; move to be complete by end of June
+ Nordstrom’s recruiting for its Chinook Centre store opening; 400 positions
+ PetroLogistics LP agreed to be sold to a unit of Koch Industries Inc. sub. for US$ 2.1 billion
+ Pure Multi-Family REIT LP agreed to acquire 352 unit project in Houston for US$43.8 million
+ Royal Bank of Canada is establishing a proprietary trading unit; investing $1 billion
+ Total E&P Canada put its $11 billion Joslyn North oilsands mine project on hold
+ TransAlta Corp. agreed to pay $149 million to settle unfair pricing allegations in California relating to trading in 2000-2001, though no admission of wrong doing
+ TransForce Inc. agreed to acquire Transport America for SU$310 million
+ U.S. Government announced an initiative to reduce carbon dioxide emissions for coal fired power plants by 30% by 2030; impact expected to be significant for coal industry, natural gas suppliers and power industry as it converts to new technology when replacing older plans. Environmentalists are happy, business advocates are warning of dire consequences
