+ Canadian Pacific formed a joint venture with All Vision LLC; the venture called Van Horne Outdoor will market outdoor advertising infrastructure on CP’s right of way (they have 14,000 miles of that) …
+ Cenovus Energy Inc. agreed to sell its oil & gas royalty business, Heritage Royalty Limited Partnership, to Ontario Teachers’ Pension Plan for $3.3 billion
+ City of Calgary – council defeated secondary-suites initiative .. tic toc ...
+ Gran Tierra Energy Inc. increased its 2015 CapEx Budget by $45 million to $185 million
+ Greek crisis impacted global stock markets; Greek Banks temporarily closed, ATM’s shut-off to avoid run on banks as Greek default on debt payments is imminent – high stakes game of chicken between Greece, IMF, World Bank and Eurozone finance ministers will likely result in ‘Grexit’, an exit from the Euro, re-establishment and devaluation of Greek currency to get their economy rolling again. Nobody knows if this event will have cascading impact on other economies .. tic toc
+ Husky Energy Inc. began production on its South Wild Rose Extension
+ Imperial Oil differing plans for Beaufort Sea drilling
+ Montana Exploration Corp. agreed to acquired Gale Force Petroleum Inc.
+ Parkland Fuel Corporation closed its $377 million acquisition of Pioneer Energy assets + Pengrowth Energy Corporation shipped first Lindbergh production on Husky pipeline
+ Pengrowth Energy Corporation announced its intention to sell $600 million in non-core assets
FACILITYCalgarynewsletters may not be reproduced, distributed, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without prior written permission. All rights reserved. PLANDflex Corporation - http://plandflex.com