FACILITYCalgary

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

FACILITYCalgary Aug9/22

CONVERSATIONS

ARCHIVED ISSUES

SIGN UP



CONVERSATIONS

Mark Kolke interviews interesting people. He seeks a glimpse of what drives them, how they see the world and what they see in Calgary's future. 

This week's conversation with Gayla Rogers, Professor & Senior Advisor @ University of Calgary

Last week's conversation with Janice Eisenhauer, Exec. Dir. of Canadian Women for Women in Afghanistan

Click here to access the archive: archived conversations with fascinating people ...



 SHAREHOLDER MEETINGS

+ June 9; PRO REIT, Annual and Special Meeting of Unitholders, Montreal

+ June 15; Agellan Commercial REIT, Annual Meeting

+ June 15; Mart Resources Inc., Annual and Special Meeting of Securityholders, Calgary

+ June 16; BTB REIT, Annual Meeting, Montreal

+ June 16; InnVest REIT, Annual Meeting, Toronto

+ June 16; K-Bro Linen Inc., Annual General Meeting, Toronto

+ June 17; Partners REIT, Annual Meeting of Unitholders, Barrie, ON

+ June 17; RioCan REIT, Annual Meeting, Toronto

+ June 17; ShaMaran Petroleum Corp., Annual General Meeting, Vancouver

+ June 18; Artis REIT, Annual Meeting, Winnipeg

+ June 18; Extendicare Inc., Annual General & Special Meeting, Toronto

+ June 19; First Capital Realty, Annual Meeting, Toronto

+ June 23; InterRent REIT, Annual Meeting

+ June 24; Economical Mutual Insurance Company, Annual Meeting, Kitchener

+ June 24; Sunshine Oilsands Ltd., Annugal General Meeting, Hong Kong

+ June 30; Algonquin Power & Utilities Corp., Annual Meeting of Shareholders, Oakville

+ June 30; Legacy Oil + Gas Inc., Annual General Meeting, Calgary

+ June 30; Temple Hotels Inc., Annual and Special Meeting of Shareholders, Winnipeg

+ July 21; Sunshine Oilsands Ltd., Special General Meeting, Hong Kong


[send us your event notices and AGM notices to:  kolke@facilitycalgary.com ]



SHAKERS AND MOVERS 
moving, retired, resigned, died or got the boot

+ Arthur Atkinson to COO Buildings Group @ Stuart Olson Inc.

+ Bill Jenkins to VP Production Operations @ Tundra Oil & Gas Partnership

+ Bill Ward to VP Exploration @ Tundra Oil & Gas Partnership

+ Brent de Jong to Interim CEO @ Connacher Oil and Gas Limited

+ Brent Osmand, VP Finance & CFO @ Mountainview Energy Ltd., left the company

+ Brian Rex to VP Geoscience @ Tundra Oil & Gas Partnership

+ Byron Beswick to Partner @ Felesky Flynn LLP

+ Christopher Bloomer, CEO @ Connacher Oil and Gas Limited, resigned

+ David Sederis, CFO @ Rockefeller Hughes Corporation, terminated

+ Eric Bjornsson to VP Development Operations @ Tundra Oil & Gas Partnership

+ Joette Decore to Exec. VP Corp. Strategy & Dev. @ Stuart Olson Inc.

+ John Baird to Sr. Business Advisor @ Bennett Jones LLP

+ Jon Hearney to Associate Deputy Minister of Policy and Planning @ Government of Alberta

+ Justin Sharp to Pres. & COO @ FirstOnSite Restoration

+ Kaillie Humphries to Marshall @ Calgary Stampede Parade

+ Katherine Hylland to Interim VP Finance & CFO @ Mountainview Energy Ltd.

+ Kevin Harrigan to CFO & Corp. Secretary @ Corsa Coal Corp.

+ Kristina Scade to VP Internal Reporting @ Lonestart West Inc.

+ Lee Hayford to Pres. & CEO @ Real Time Measurements Inc.

+ Mark Kearl to VP Finance & CFO @ Lonestart West Inc.

+ Mary Moran to CEO at Calgary Economic Development

+ Phil Donnelly to Chief Talent Officer @ Borden Ladner Gervais LLP

+ Rob Morris to COO @ Borden Ladner Gervais LLP

+ Robert Karlewicz to Pres, RHC Energy @ Rockefeller Hughes Corporation

+ Sam Barua to Energing Mgr. @ WSP Parsons Brinkerhoff

+ Terence Matthews, Pres. & CEO @ Real Time Measurements Inc., resigned

+ Wayny Harris, former Calgary Stampeder & CFL legend, died




BOARDROOM changes, purges, appointments etc.

+ Christopher Bloomer, Director @ Connacher Oil and Gas Limited, resigned

+ David Wilkins to Director @ Mattamy Homes

+ Doug Dreisinger to Director @ Connacher Oil and Gas Limited

+ Gary Bugeaud to Director @ Freehold Royalties Ltd.

+ Marvin Romanow to Director @ Freehold Royalties Ltd.

+ Silvie Paquette to Chair @ Desjardins General Insurance Group

+ Silvie Paquette to Chair @ Insurance Bureau of Canada

+ Steven Leer to Director @ Cenovus Energy Inc.

+ Terence Matthews, Director @ Real Time Measurements Inc., resigned




 SAVE THE DATE / upcoming events


+ June 9-11; Global Petroleum Show 2015; Stampede Park, Calgary info/register

+ June 10; EPAC Oil & Gas Investor Showcase, Metropolitan Conference Center, Calgary

+ June 11; Alberta Legislature session resumes; election of new speaker

+ June 15; Alberta Legislature session – Throne Speech

+ July 3-12; Calgary Stampede 2015 - tickets now on sale 

+ Sept. 28-29; 10th Annual Pipeline Development & Expansion Conference, Houston info/register

+ Oct. 27; Calgary Real Estate Forum, TELUS Convention Centre, Calgary

+ Feb. 26/15; BUILDEX Vancouver, Vancouver Convention Center, Vancouver


[send event notices to:  kolke@facilitycalgary.com ]



 OIL SANDS NEWS 

+ Cenovus restarted activities at Foster Creek oilsands project that were shut due to forest fire risk

+ CNRL resuming production at Kirby South oil sands project a wildfire risk abates

+ MEG Energy Corp. resumed normal operations at its Christina Lake facilities as forest fires in the area are now being held or are under control

+ Pembina Pipeline Corporation announced will expand the Horizon Pipeline System; boost in capacity of 250,000 barrels/day, capital cost $125 million – to be in service by mid-2016


FACILITYCalgary
current week data

this  site is refreshed with a new issue every Tuesday morning


updated ... June 9, 2015




 TODAY'S HEADLINES


ARC’s big raise | Cenovus buys terminal | Global Petroleum Show opens today | Pembina expanding Horizon pipeline +  Gayla Rogers interview | upcoming events & corp. meetings + climate changes news + REIT news +  financings + executive and board appointments >>>>




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



 KUDOS 

+ to Ron and Marg Southern – founders, on the 40th Anniversary of Spruce Meadows




 sponsors of this week's issue:

CONNECT WITH OFFICE CONCEPTS
OFFICE FURNITURE



CONNECT WITH SERVPRO
JANITORIAL SERVICES



CONTACT PIVOTAL
 
PROJECT MANAGEMENT



e-mail Lance Laliberte - Sales at PREMIERE OFFICE MOVERS
 
OFFICE MOVERS



e-mail to Sharon Martens
 
INTERIOR DESIGN



e-mail Peter Gatzsch
 
COMMERCIAL INTERIOR CONSTRUCTION



WCBC - SkyCubes - 51st Floor Suncor Energy Centre
BUSINESS CENTERS



PLACE 
YOUR AD HERE
Sponsorship queries:  kolke@facilitycalgary.com 





 QUOTES

+ On climate change we often don’t fully appreciate that it is a problem. We think it is a problem waiting to happen. – Kofi Annan

+ I can’t imagine a day without coffee. I can’t imagine! – Howard Schultz




INTERESTING REAL ESTATE NEWS, other places


+ Brookfield Property Partners LT agreed to acquire Center Parcs UK, and operator or woodland resorts in Britain from Blackstone Group; terms not disclosed

+ Chartwell Retirement Residences closed $40.1 million acquisition of 50% interest in Chartwell Pickering City Centre Retirement Residence to now hold 100%

+ Ivanhoé Cambridge agreed to sell two Paris office properties to Gecina for €1.24 billion; together with Blackstone Ivanhoé Cambridge holds a substantial stake in Gecina

+ Milestone Apartments REIT agreed to acquired 252 unit property in Charlotte, NC fro US$32.3 million; going in CAP rate 6.4%

+ Slate Retail REIT agreed to acquire Barefoot Commons, 90,702 sq. ft. grocery anchored shopping centre in North Myrtle Beach, SC for US$ 14.9 million




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



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 - 2015 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

http://calgaryofficespace.com
http://facilitycalgary.com

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




PLANDflex CORPORATION
PROJECT MANAGER / P3 / PUBLISHER



 SUGGESTIONS / COMMENTS:
 
feedback@facilitycalgary.com



NEWS SUMMARY 
 June 2 - 9 


+ Arcan Resources got shareholder and court approval for its sale to Aspenleaf Energy Limited

+ Aspenleaf Energy Limited closed its acquisition of Arcan Resources Ltd.

+ ATB – daily economist’s outlook

+ Cadillac Fairview has bought back two Calgary leases of former Target stores; Chinook and Market Mall

+ Calgary Leasing Conference – strong attendance (400+ commercial real estate professionals), consensus of ‘weather the storm’ during downcyle, innovate and wait .. tic toc …

+ Cenovus Energy Inc. agreed to acquire the North American Terminal Operations (crude-by-rail trans-loading facility) at Bruderheim from Canexus for $75 million

+ Cenovus restarted activities at Foster Creek oilsands project that were shut due to forest fire risk

+ CNRL resuming production at Kirby South oil sands project a wildfire risk abates

+ current energy prices – live link to Bloomberg energy prices

+ Delphi Energy Corp. agreed to sell its Greater Wapiti assets for $50 million

+ Eagle Energy Trust adopted a shareholder rights plan

+ Exxon Mobil Corp. selected an on-shore terminal plan for its proposed LNG export terminal at Prince Rupert

+ Greek debt future continues to look bleak; Greece wants compromise, EU creditors and IMF want their money .. tic toc ..

+ G7 Summit held in Germany; Canada and Japan resisted aggressive climate change measures – in the end, G7 leaders resolved to move toward a no-carbon economy by 2100 … tic toc

+ Ivanhoe Energy Inc. is bankrupt; restructuring attempts failed

+ Lowe’s is taking over two Calgary leases of former Target stores; Shawnessy and Signal Hill; landlord of both is RioCan REIT

+ Lynden International acquired Haas Industries

+ Tidewater Midstream and Infrastructure Ltd. agreed to acquire 63% interest in West Pembina pipeline assets for $180 million

+ Maxim Resources Inc. agreed to be acquired by Quest Investments LLC

+ MEG Energy Corp. resumed normal operations at its Christina Lake facilities as forest fires in the area are now being held or are under control

+ OPEC meeting – resolved to continue with current output levels

+ Pembina Pipeline Corporation announced will expand the Horizon Pipeline System; boost in capacity of 250,000 barrels/day, capital cost $125 million – to be in service by mid-2016

+ Rosen Intelligent Plastic Solutions opened 67,000 sq. ft factory on Ogden Road

+ Zaio Corporation closed its acquisition of Valuation Vision LLC




FINANCINGS - proposed & closed

+ Alimentation Couche-Tard Inc. closed $700 million sr. unsecured debt financing

+ ARC Energy Fund 8 closed $1.5 billion in equity capital

+ Bonterra Energy Corp. is on the market to raise $38.4 million in equity

+ Canadian Natural Resources Limited is on the market to raise $500 million in debt

+ Canbriam Energy Inc. closed US$101 million sr. unsecured debt financing

+ Crius Energy Trust is on the market to raise $40.1 million in equity

+ DIRTT Environmental Solutions Ltd closed $43,211,250 equity financing

+ Manitok Energy Inc. is on the market to raise $25 million in equity

+ Marksmen Energy Inc. is on the market to raise $500,000 in debt

+ Nobel REIT closed $12 million equity financing

+ Paramount Resources Ltd. closed US$450 million sr. unsecured debt financing

+ Royal Bank of Canad closed $150 million preferred share issue

+ Tamarack Valley Energy Ltd. closed $74,079,880 flow-through shares issue

+ Tourmaline Oil Corp. is on the market to raise $167,875,000 in equity




 CLIMATE CHANGE IN THE NEWS 

+ Alberta Environment and Parks Minister Shannon Phillips announced the new regulations will be introduced before the current Specified Gas Emitters Regulation (four of them) expire June 30/15

+ G7 Summit held in Germany; Canada and Japan resisted aggressive climate change measures – in the end, G7 leaders resolved to move toward a no-carbon economy by 2100 … tic toc




 this week in REITS 


+ Lowe’s is taking over two Calgary leases of former Target stores; Shawnessy and Signal Hill; landlord of both is RioCan REIT

+ Milestone Apartments REIT agreed to acquired 252 unit property in Charlotte, NC fro US$32.3 million; going in CAP rate 6.4%

+ Nobel REIT closed $12 million equity financing

+ Nobel REIT closed its acquisition of 81,068 sq. ft. single tenant industrial bldg. in Montreal; sale/leaseback transaction, $7.8 million

+ Slate Retail REIT agreed to acquire Barefoot Commons, 90,702 sq. ft. grocery anchored shopping centre in North Myrtle Beach, SC for US$ 14.9 million




 INFRASTRUCTURE / P3 / GREEN


+ Aecon Group Inc. agreed to sell its 45.5% interest in the Quito, Peru airport concession for US$232.6 million

+ AltaGas Ltd. opened its its Forrest Kerr, Volcano Creek and McLymont Creek run-of-river hydroelectric facilities in northwest British Columbia

+ Chinook Resources Management Group consortium selected as preferred proponent to Design, Build, Finance and Operate an Organics Waste Composting facility for the City of Calgary; facility will process 100,000 wet tonnes per year of source separated organics, leaf and yard material as well as approximately 45,500 wet tonnes per year of biosolids; contract award June/July 2015, completion late 2017

+ Fengate Capital Management established US$180 million infrastructure investment venture with Korean investors organized by KB Financial Group for investments in Canada




 SAVE THE DATE / GOLF TOURNAMENTS


+ June 25; 19th Annual Stay in School/Rotary – Calgary Connector Charity Golf Classic, Silvertip, Canmore; info/register
+ July 9; 13th Annual Coast Hotels – Shu Naito Golf Classic, Westwood Plateau, Coquitlam; info/register

+ July 14-16; Willow Park Charity Golf Classic, Willow Park Golf & CC, Calgary donate/register

+ Aug. 13; 10th Annual CREW Golf Tournament, Sirocco Golf Club, Calgary; info/register

+ Aug. 17; 16th Annual Special Olympics Calgary Golf Classic, Country Hills GC .. details later

© 1999-2022 published by MaxComm Communications a unit of PLANDflex Corporation

FACILITYCalgary newsletters 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