FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

SIGN UP

 QUOTES

 

“The price of anything is the amount of life you exchange for it.” – Henry David Thoreau
 
“I am always doing that which I cannot do, in order that I may learn how to do it.” – Pablo Picasso



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



 SHAREHOLDER MEETINGS

+ Nov. 24; Eagle Energy Trust, Special Meeting of Unitholders, to approve Canadian asset acquisitions, Calgary

+ Dec. 3; Kodiak Oil & Gas Corp., Special Meeting of Securityholders, Denver

+ Dec. 10; Donnebrook Energy Inc., Annual and Special Meeting of Shareholders, Calgary

+ Jan. 14/15; Nav Canada, Annual Meeting of Members, Ottawa

+ May 7/15; Lundin Petroleum AB, Annual General Meeting, Stockholm, Sweden

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




 SAVE THE DATE / upcoming events

+ Nov. 17 – 19; The Oil & Gas IP Summit, North America, Calgary info/registration
+ Nov. 20; The Canadian Petroleum Hall of Fame 18th Annual Induction Dinner, Radisson South, Edmonton; info/register
+ Nov. 25-26; 2nd Annual Canadian NGL Markets, Infrastructure & LPG Exports, Calgary; info/registration
+ Nov. 27; OPEC 116th Ordinary Meeting, Vienna, Austria
+ Dec. 3-4; Real Estate Forum, Metro Toronto Convention Centre; info/registration

+ Dec. 9-10; Facilities Design SAGD2014, BMO Centre, Calgary; info/register

+ Dec. 9-10; Crude By Rail Canada, Safety Summit, Calgary;  info/registration

+ May 24-27; Banff Compass 2105; Association of Fundraising Professionals, Banff

+ July 3-12, 2015; Calgary Stampede 2015 - tickets now on sale
 
[send event notices to:  kolke@facilitycalgary.com ]



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

 

+ Brian Skanderbeg to Pres. & CEO @ Claude Resources Inc.

+ Curtis Cameron to Associate, Edmonton @ ALTUS Cost Consulting Group

+ David Veneziano to VP & General Counsel @ Tricon Capital Group Inc.

+ Douglas Quesnel to VP Finance – Private Funds @ Tricon Capital Group Inc.

+ Dr. Carl Amrhein to Official Adminstrator @ Alberta Health Services

+ Janet Holder, Exec. VP Western Access @ Enbridge Inc., retiring Dec. 31

+ Jay Forbes to CEO MTS Allstream @ Manitoba Telecom Services Inc.

+ June Alikhan to Interim CFO @ Tricon Capital Group Inc.

+ Margaret Whalen, CFO @ Tricon Capital Group Inc., left the company

+ Michael Corbett to VP Operations Services @ The Data Group

+ Peter Dorrins to Director @ H2O Innovation Inc.

+ Philp Vestey to Sr. Cost Consultant, Edmonton @ ALTUS Cost Consulting Group

+ Sandra Pereira to VP, Head of Tax Services @ Tricon Capital Group Inc.

+ Simon Naylor to Group Pres. Americas @ Amec Foster Wheller plc

+ Stephen Goodman to Pres. & CEO @ Karnalyte Resources Inc.

+ Wissam Franics to Exec. VP Corporate Finance @ Tricon Capital Group Inc.

 

[send us your appointment notices  kolke@facilitycalgary.com]




BOARDROOM changes, purges, appointments etc.

+ Alain Bedard to Director @ Contrans Group Inc.

+ Andrew Hromyk to Director @ Enhanced Oil Resources Inc.

+ Gerald Offet to Director @ Karnalyte Resources Inc.

+ Hank Habicht to Director @ RDX Technologies Corporation

+ Henry Wilmot to Directore @ AKITA Drilling Inc.

+ Jill Angevine to Director @ Chinook Energy Inc.

+ Jim Feng, Director @ Vital Energy Inc., resigned

+ Ronald Rogers to Director @ Contrans Group Inc.

+ Tom Redl to Chairman @ Edmonton Airports




 OILSANDS NEWS

 

+ Cenovus Energy Inc. got regulatory approval for its Telephone Lake SAGD project



 this week in REITS 


 

+ Nobel REIT is on the market to raise $14 million in equity
 
+ Pure Multi-Family REIT LP agreed to sell Windscape Apartment Homes in Grande Prairie, Texas for US$10.5 million
 
+ Slate Asset Management LP took over management of FAM REIT



 SUGGESTIONS / COMMENTS:
 
feedback@facilitycalgary.com



PLANDflex CORPORATION
PROJECT MANAGER / P3 / PUBLISHER

FACILITYCalgary
current week data

website refreshed every Tuesday morning


November 18, 2014 issue




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 Jon Fisher , General Manager, Willow Park Golf & Country Club
 
Last week's conversation with Phil Markovich of BFR Consulting Ltd.
 
 
Archived conversations .
 



 sponsors of this week's issue:

e-mail Peter Gatzsch
 
COMMERCIAL INTERIOR CONSTRUCTION



Carbon Copy Digital

 
 mailto:TSMITH@CARBONCOPYDIGITAL.COM
 
REPRODUCTION SERVICES



CONNECT WITH SERVPRO
JANITORIAL SERVICES



Pekarsky Stein, Alberta's Leading Boutique Search Firm
 
info@pekarskystein.com
 
SEARCH FIRM



CONTACT OMICRON
 
ARCHITECTS



CONTACT PIVOTAL
 
PROJECT MANAGEMENT



CONTACT PREMIERE VAN LINES
 
OFFICE MOVERS



 
kevin.ellis@altusgroup.com
 
CONSTRUCTION
COST CONSULTING



e-mail to Sharon Martens
 
INTERIOR DESIGN



INTERESTING REAL ESTATE NEWS, other places


 

+ DP World, the Dubai port operator, agreed to acquire Economic Zones World, a developer and operator of industrial parks, for US $2.6 billion (deal centered on primary business unit, Jebel Ali Free Zone industrial park and commercial zone stretching 22 sq. miles, near DP World’s  container port in Dubai
 
+ Firm Capital Trust agreed to acquire 50% in 135 unit residential project in Ottawa for $11.2 million
 
+ Ivanhoe Cambridge et al agreed to acquire 1095 Avenue of the Americas in Manhattan from Blackstone Group for US$2.25 billion
 
+ The Macerich Company Inc. took out its JV Partner Ontario Teachers’ Pension Plan Board (Cadillac Fairview) in 5 regional shopping centres; US$1.89 billion to Teachers, mostly in the form of Macerich stock



FINANCINGS - proposed & closed

+ Arsenal Energy Inc. is on the market to raise $7.5 million in flow-through shares issue

+ Blackbird Energy Inc. is on the market to raise $5 million in flow-through shares issue

+ Canadian Natural Resources Limited is on the market to raise US$1.2 billion in debt

+ Chemtrade Logistics Income Fund closed $100 million equity financing

+ NexGen Energy Ltd. closed $11.5 million flow-through shares issue

+ Nobel REIT is on the market to raise $14 million in equity

+ Painted Pony Petroluem Ltd. is on the market to raise $50.04 million in equity




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 - 2014 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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

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


 TODAY'S HEADLINES


Alberta Throne Speech Text | AMEC merger closed | Halliburton buying BakerHughes for US$34.6 billion | Ivanhoe Cambridge goes shopping in NYC | oil below US$75/barrel | CapEx budget announcements | Jon Fisher interview | upcoming events & corp. meetings | financings + executive appointments >>>>




NEWS SUMMARY 
 Nov. 11 - 18


 

+ Amec Foster Wheller plc is the operating name for the merged AMEC plc and Foster Wheeler AG; £5bn merger now complete

+ ATB Financial – THE OWL … Daily Economic Comment

+ Baker Hughes in merger talks with Halliburton; if merged, Halliburton would still be a distant 2nd to Schlumberger

+ Bonavista Energy Corporation announced its 2015 CapEx Budget is $425 million

+ Canadian Pacific Railway agreed to sell NE U.S.A. rail lines to Norfolk Southern for US$217 million

+ CanElson Drilling announced its 2015 CapEx Budget is $63.9 million

+ Cenovus Energy Inc. got regulatory approval for its Telephone Lake SAGD project

+ current energy prices: live link to Bloomberg.com commodities data ; prices down, crude tumbled below US$75/barrel, OPEC cartel may be shaky, projects 2015 volumes down, Saudi’s continue aggressive sales in competition with Russia, and with the U.S.

+ Delphi Energy Corp. announced its 2015 CapEx Budget is $77 million

+ Denbury Resources Inc. announced its 2015 CapEx Budget is US$550 million

+ DraganjacPressman Chartered Professional Accountants agreed to merge with MNP LLP

+ Enbridge Pipelines Inc. seeking regulatory approval to replace Line 3 and modernize in order to achieve line’s capacity of 760,000 barrels/day; project cost is pegged at $4.83 billion, to be completed by 2018

+ Encana Corporation completed its acquisition of Athlon Energy Inc.

+ Enerplus Corporation increased its 2014 CapEx Budget by $30 million to $830 million

+ Fall Sitting of Alberta Legislature began with Nov. 17th Throne Speech; initial bills will address Property Rights, Government Accountability, renovation of Condominium legislation and more as Premier Jim Prentice puts his stamp on Alberta with economy-fingers crossed hopefulness … tic toc

+ Gear Energy Inc. announced its 2015 CapEx Budget is $95 million

+ Ivanhoe Cambridge et al agreed to acquire 1095 Avenue of the Americas in Manhattan from Blackstone Group for US$2.25 billion

+ Japan’s economy slipped into a surprise recession … I guess they weren’t watching …

+ Kelt Exploration Ltd. announced its 2015 CapEx Budget is $215 million

+ Keystone XL Pipeline project in the news again; U.S. Congress passed a resolution approving it, Senate (soon to be Republican controlled) expected to approve it too, notwithstanding Pres. Obama’s insistence he will veto such resolutions until the project finishes its regulatory review

+ Korea National Oil Corp. closed $97.3 million sale of Harvest Operations refining sub. North Atlantic Refining Ltd. to SilverRange Financial Partners

+ new PC MLA’s … Prentice, Dirks, Mandel and Ellis were sworn in

+ Pembina Pipeline Corporation announced a $210 million expansion of its NE pipeline system to serve Montney customers

+ Penn West Petroleum Ltd. announced its 2015 CapEx Budget is $840 million

+ Peyto Exploration & Development Corp announced its 2015 CapEx Budget is $700 million

+ PrairieSky Royalty Ltd. agreed to acquired Range Royalty LP for $699 million

+ Quicksilver Resources Inc. is on the market to find a partner to develop its Horn River assets

+ Raging River Exploration Inc. increased its 2014 CapEx Budget by $15 million to $275 million

+ Shoreline Energy Corp. closed its sale of Wattenburg royalty interests fro US$7.7 million

+ Slate Asset Management LP took over management of FAM REIT

+ SLR Consulting acquired Challenge Energy

+ Statoil announced its 2015 CapEx Budget is US$3.5 billion

+ The Macerich Company Inc. took out its JV Partner Ontario Teachers’ Pension Plan Board (Cadillac Fairview) in 5 regional shopping centres; US$1.89 billion to Teachers, mostly in the form of Macerich stock

+ Total Energy Services Inc. increased its 2014 CapEx Budget by $5 million to $93.1 million

+ TransCanada Corporation to sell 30% stake in Gas Transmission Northwest LLC to its master limited partnership, TC Pipelines LP

+ TransCanada Corporation’s US$600 million Tamazunchale Pipeline Extension is completed and operational

+ TransForce Inc. completed its takeover of Contrans Group Inc.

+ Trinidad Drilling Ltd. increased its 2014 CapEx Budget by $35 million to $350 million

+ Twin Butte Energy Ltd. announced its 2015 CapEx Budget is $160 million

+ Vicwest Inc. agreed to a $350 million takeover by Kingspan Group plc & Ag Growth International Inc. who will break up the company




 INFRASTRUCTURE / P3 / GREEN


+ PC Party delegates approved a resolution regarding toll roads for new road construction; don’t hold your breath … government is not bound by party policy conference resolutions, and this one is a stinker that will not have traction with voters

 

+ replaced Sik-Sika Nation bridge (2013 flood damage) officially opened; bridge on Highway 547 cost $5.4 million




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

Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025