+ ATB Owl Report – daily economist’s outlook
+ Bank of Canada released Autumn Issues of its Business Outlook Survey and Senior Loan Officer Survey
+ Black Swan Energy engaged advisors to sell assets
+ Brookfield Asset Management Inc. is creating a new entity; Brookfield Business Partners to own and operate Brookfield’s Business Services and Industrial Operations
+ Brookfield Renewable Energy Partners LP agreed to acquire a portfolio of hydroelectric projects (292MW) in Pennsylvania from Talen Energy for US$860 million
+ Canadian Oil Sands Limited rejected Suncor Energy’s $6.6 billion hostile takeover bid; they’ve adopted (pending TSX approval) shareholder rights plan
+ Clough Limited acquired Enercore Projects Limited for $10 million; will be re-branded as Clough Enercore
+ ConocoPhillips reported to be on the verge of announcing sale of numerous Western Canadian assets
+ current energy prices – live link to Bloomberg energy prices ; oil testing US$50/bbl, natural gas up as chilly weather pushed demand …
+ Encana Corporation agreed to sell its DJ (Denver Julesburg) Basin assets for US$900 million to a new entity – Canada Pension Plan Investment Board (95%) and The Broe Group (5%)
+ Imperial Oil and Husky Energy agreed to combine/cooperate with truck fuel facilities; Husky will manage the combined network of 160 Esso-branded facilities – Husky will convert its commercial cardlocks, co-located Travel Centres and some of its retail service stations to the Esso brand
+ Killam Properties Inc. is planning conversion to a REIT structures; will be called Killam Apartment REIT
+ Magnum Hunter Resources Corporation engaged advisors to explore strategic alternatives
+ North West Upgrading Inc. says its Redwater area refinery is on track with its budget; $5 billion invested so far, final costs still on target to be $8.5 billion’
+ Offsetters Climate Solutions Inc. is changing its name to NatureBank Asset Management Inc. and will operate as NatureBank
+ ORLEN Upstream Canada Ltd. agreed to acquired Kicking Horse Energy Inc. for $356 million
+ Pengrowth Energy Corporation agreed to sell its non-core Bodo property for $95 million
+ Premier Notley made her first big speech in Calgary; Chamber of Commerce event at BMO Centre was attended by 1,600. Nothing much new from the lectern, assurance of ‘no sales tax’ got spontaneous applause – otherwise, ‘wait till the budget for more news’ was the message du jour. Kudos to CS food services for fantastic chicken. Kudos to my friends for a great time at our table.
+ SMART Technologies Inc., based on its weaker 2016 outlook, announced it intends to embark on a strategic review … tic toc …
+ TransCanada Corporation launched a Binding Open Season for its Cushing Marketlink line
+ TransCanada Corporation agreed to acquire the 778 MW Ironwood gas-fired power plant in Lebanon, Pennsylvania from Talen Energy Corporation for US$654 million
+ Veresen Inc. announced its Cutbank Ridge Partnership will go forward with its $860 million Sunrise Gas Plant near Dawson Creek, BC to service Montney region production
+ yesterday was Thanksgiving holiday in Canada, Columbus Day holiday in U.S.; markets closed
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