+ Alberta and BC Premiers actually had their ‘shelved meeting’; impasse over heavy oil pipeline issues seems on the mend; Alliance pipeline still going through approval process . . .
+ ARC Resources Ltd. announced its 2014CapEx Budget is set at $915 million
+ AutoCanada Inc. agreed to purchase 11 dealership properties from CanadaOne Auto Group, $57.8 million
+ BlackBerry Ltd. abandons proposed sale, restructuring/taking on new debt/management structure, CEO sacked
+ Bonnett’s Energy Corp. acquired by Mill City Capital LP’s BEC Acquisition Ltd. for $115 million
+ Canadian Natural Resources Limited announced its 2014CapEx Budget is set at $7.7 billion
+ Crombie REIT closed $991.3 million acquisition of Safeway properties as part of Sobeys acquisition of Canada Safeway
+ Enbridge Energy plans to build a $2.6 billion pipeline to ship oil from western North Dakota . . .
+ Encana Corp. slashing workforce by 20% (that’s 1,000 jobs), spinning off royalty producing properties into a separate company via an IPO; to focus on 5 North American oil and liquids-rich gas plays in 2014
+ GE Canada agreed to partner with Canadian Oil sands Innovation Alliance (COSIA), to work on JV projects focused on oilsands work, to reduce greenhouse gas emission and reduce water consumption
+ Gluskin Sheff + Associates Inc. adopted a shareholders rights plan
+ ING DIRECT announced it will change its name to Tangerine
+ Ironhorse Oil & Gas Inc. agreed to sell its Leon Lake interests for $7.2 million
+ Kelt Exploration Ltd. agreed to acquired $192 million in assets from Penn West Petroleum Ltd.
+ Marquee Energy Ltd. agred to acquired all western Canadian assets of Sonde Resources Corp.
+ Newfoundland and Labrador put a hold on fracking – declined permit application for activity near Gros Morne National Park; reviewing their regulations
+ Paramount Resources Ltd. increased its 2013CapEx Budget by $150 million to $800 million
+ Pengrowth reported $107 million quarterly loss, in large part due to losses on asset sales
+ Penn West Exploration completed its Board Strategic Review Process, will diviest $1.5-2.0 billion in asset dispositions , of which $485 million to be complete by end of 2013
+ Penn West Exploration announced its 2014CapEx Budget is set at $900 million
+ Plazacorp Retail Properties Ltd. to convert to REIT structure; will be Plaza Retail REIT
+ Redford government is proposing legislation to support petroleum products marketing; Building New Petroleum Markets Act and Petroleum Marketing Commission will come into being … but this write wonders, why do we need these things? … seems a lot like an egg marketing board, pork .. pork
+ Rock Energy Inc. increased its 2013 CapEx Budget from $42 million to $46 million
+ Rock Energy Inc. announced its 2014CapEx Budget is set at $62 million
+ SAC Capital Advisors LP hedge fund fined US$1.2 billion over insider trading irregularities
+ Sobeys Inc. closed its acquisition of Canada Safeway, $5.8 billion, purchase, added 29,000 Safeway employees, 70 Canada Safeway properties spun of to Crombie REIT
+ Summit Helicopters and Wood Buffalo Helicopters agreed to merge; will operate as Summit Helicopters
+ Surge Energy Inc. agreed to acquired $76.8 million in Wainwright area crude oil assets from Penn West Petroleum Ltd.
+ Surge Energy Inc. announced its 2014CapEx Budget is set at $112 million
+ Talisman Energy Inc. agreed to sell 75% of its Montney acreage (127,000 net acres) to Progress Energy Canada Ltd. for $1.5 billion
+ Twin Butte Energy closed its $358 million acquisition of Black Shire Energy Inc.
+ Vermilion Energy Inc. agreed to acquired natural gas fields in Germany, for $170 million
+ Vermillion Energy Inc. announced its 2014CapEx Budget is set at $555 million
+ Weatherford International announced it will divest assets as part of a plan to reduce debt by $5 billion over next 2 years
