+ ARC Resources announced its 2015 CapEx Budget is $875 million
+ ATB Financial – THE OWL … Daily Economic Comment
+ B.C. land sale brought in $209.56 million for Government of British Columbia, largely due to strong Montney focus
+ Bear Head LNG Corporation filed an LNG Export License application with NEB
+ BlackPearl Resources Inc. announced its 2015 CapEx Budget is $80 million
+ Canadian and Chinese banks have agreed to establish a currency-swap entity; valued at $30 billion; a bank in China will clear Canadian currency transactions; a bank on Toronto will clear Yuan transactions
+ Canadian Natural Resources Limited announced its 2015 CapEx Budget is $8.6 billion
+ Canyon Services Group Inc. announced its 2015 CapEx Budget is $63 million
+ Carfinco Financial Group Inc., got shareholder approval for takeover by Santander Holding Canada Inc.
+ Cathedral Energy Services increased its 2014 CapEx Budget to $30.6 million from $24 million
+ CERI (Canadian Energy Research Institute), projecting 25 years forward, has pegged investment in oilsands to exceed $514 billion by 2038
+ Concentric Energy Advisors Inc. acquired The Foster Report (Natural Gas/Oil)
+ current energy prices: live link to Bloomberg.com commodities data ; US crude fell below US$78/barrel due to a strengthening dollar, natural gas futures turned negative, then positive again notwithstanding substantial storage build
+ Ernst & Young closed its acquisition of Up Consulting
+ Home Trust Company announced it intends to become a Schedule I Chartered Bank
+ Ikkuma Resourcese Corp. closed $23.2 million acquisition of foothills petroleum & natural gas assets
+ Imperial Oil Limited shut down its Kearl production due to problems with it ore-crusher unit; production to be down several weeks
+ Keystone XL Pipeline prospects have improved; in the U.S., Republicans now control both House and Senate majorities and have indicate a push for Keystone approval will come while Pres. Obama has not changed his ‘work through the process’ stance … tic toc …
+ LNG Canada announced its CapEx Budget for its planned LNG export facility in Kitimat will be $25-40 billion on construction plus $7-17 billion per year over 25 years of planned operations; seems the consortium (Royal Dutch Shell, Korea Gas Corp. and Mitsubishi) are far from having a grip on their numbers
+ Manitoba land sale netted a paltry $470,201 for the Government of Manitoba, lowest in 7 yrs.
+ NCSG Crane & Heavy Haul Corporation’s U.S. sub. acquired assets and business of H & H Crane Services Inc.
+ new global banking rules unveiled by regulators: led by Bank of England Governor Mark Carney, banks will have to post more capital …
+ Northern Blizzard Resource Inc. reduced its 2015 CapEx Budget by $45 million to $215 million
+ Oryx Petroleum Corporation Limited announced its 2015 CapEx Budget is $350 million
+ Penn West Petroleum Ltd. announced its 2015 CapEx Budget it $840 million
+ Remembrance Day / Poppy Day celebrated in Canada, and around the Commonwealth
+ RioCan REIT cancelled its plans to develop a Tanger Outlet Mall project at Calloway Park
+ Ritchie Bros. Auctioneers Incorporated undergoing a reorganization
+ Rock Energy Inc. increased its 2014 CapEx Budget by $5 million to $115 million
+ Scotiabank is cutting 1,500 jobs; taking a $451 million restructuring charge
+ Sears Holdings is considering creation of a REIT/sale leaseback solution to its cash shortage
+ Slate Asset Management LP closed its $210 million acquisition on Huntingdon Capital Corp.
+ SNC-Lavalin axing 4,000 jobs worldwide; 9% of its workforce
+ StonePoint Energy Inc. is the new name for Blackdog Resources Ltd.
+ Tier 1 Energy Solutions Inc. acquired Avenger Oil Tools
+ The Safra Group agreed to acquire 30 St. Mary Axe, London, England [The Gherkin]; 180 meter office tower is 2nd tallest building in City of London’. Terms not disclosed but sale price said to exceed US$1.1 billion
+ Tourmaline Oil Corp. announced its 2015 CapEx Budget is $1.6 billion
+ Tourmaline Oil Corp. formed a JV with Canadian Non-Operated Resources LP; $500 investment from CNOR
+ UBER, the taxi booking app, is facing strong opposition from local cab companies as they join a national anti-uber advertising campaign ,,,
+ Veresen Inc. closed its US$1.425 billion acquisition of 50$ interest in Ruby Pipeline from Global Infrastructure Partners
+ Vermilion Energy Inc. acquired $11.1 million in Powder River basin assets; will establish U.S. office in Devner
+ Veterans Day in the U.S.; bond markets closed, stock & futures markets are open
+ Whitecap Resources Inc. announced its 2015 CapEx Budget is $360 million