FACILITYCalgary

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

FACILITYCalgary May 27/25

ARCHIVED ISSUES

CONVERSATIONS

SIGN UP

 QUOTES

+ ‘Writing, to me, is simply thinking through my fingers.’ – Isaac Asimov

 

+ ‘I love deadlines. I love the whooshing noise they make as they go by.’ – Douglas Adams




 SHAREHOLDER MEETINGS


+ Oct. 27; HealthLease Properties REIT, Special Unitholders Meeting to Approve Plan of Arrangement, Toronto

+ Oct. 30; HealthLease Properties REIT, Special Debenture Holders Meeting to Amend Terms

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



 SAVE THE DATE / upcoming events

+ Oct. 14 – 16; Oilsands Symposium, Metropolitan Centre, Calgary info/register
+ Oct. 15; Buildex Express, Vancouver Convention Centre; info/register
+ Oct. 15 – 17; National Privacy and Data Governance Congress, Carriage House, Calgary
+ Oct. 23; Calgary Real Estate Forum , TELUS Convention Centre, Calgary info/register
+Oct. 27; Alberta Legislature – fall session begins
+ Oct. 27-29; The Oil & Gas Mobility Summit Calgary; info/registration
+ Oct. 29; PSAC Industry Insights Forum – 2015 Canadian Drilling Activity, Rex Murphy; TELUS Convention Centre, info/register
+ Oct. 29; 3rd Annual Vancouver Real Estate Leasing Conference, Vancouver Convention Centre West, Vancouver – info/register
+ Nov. 5-6; BUILDEX Calgary , BMO Centre, Stampede Park, Calgary
+ Nov. 17 – 19; The Oil & Gas IP Summit, North America, Calgary info/registration
+ Nov. 27; OPEC 116th Ordinary Meeting, Vienna, Austria
+ Dec. 3-4; Real Estate Forum, Metro Toronto Convention Centre; info/registration
+ July 3-12, 2015; Calgary Stampede 2015 - tickets now on sale
 
[send event notices to:  kolke@facilitycalgary.com ]



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



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

+ Bill Stobaugh, Exec. VP Corp. Planning & Bus. Dev. @ Murphy Oil Corporation, retiring

+ David The to Sr. Consultant @ Emperor Oil Ltd.

+ George Opocensky to Pres. @ ATCO Power

+ Jason James to VP Finance & CFO @ Matrrix Energy Technologies Inc.

+ John Eckart to Exec. VP & CFO @ Murphy Oil Corporation Mar. 1/15

+ John Whelan to Exec. VP & CFO @ Enbridge Inc.

+ Kevin Clarke to Interim CEO @ Niko Resources Ltd.

+ Kevin Fitzgeral, Exec. VP & CFO @ Murphy Oil Corporation, retiring Mar. 1/15

+ Kim Baird to Consultant/Partner, Vancouver @ Ernst & Young LLP

+ Margaret Herndon to VP Global Marketing & Communications @ Avigilon Corporation

+ Patrick Donnelly to Director, Policy & External Engagement @ Painted Pony Petroleum Ltd.

+ Richard Bird, Exec. VP Corp. Dev. @ Enbridge Inc., retiring Dec. 31

+ Stuart Jaggard to VP & Controller @ Painted Pony Petroleum Ltd.

+ Tim Strawn to Country Manager @ Kleinfelder

+ Tom McKinlay, Exec. VP @ Murphy Oil Corporation, leaving the company

+ Tonya Fleming to VP & General Counsel @ Painted Pony Petroleum Ltd.

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




BOARDROOM changes, purges, appointments etc.

+ Alan Marchment, Director @ IBI Group Inc., retired

+ Anne-Marie Ainsworth to Director @ Pembina Pipeline Corporation

+ Bob Engbloom to Director, Alberta Board @ Nature Conservancy of Canada

+ Brian Petersen to Trustee @ NorthWest Healthcare Properties REIT

+ Daryl Gilbert to Director @ Connacher Oil and Gas Limited

+ Dean Prodan to Director, Alberta Board @ Nature Conservancy of Canada

+ Donald Cormack to Director @ Petrus Resources Ltd.

+ Frank Walsh to Director @ Rock Energy Inc.

+ Jim Dinning to Director @ Killam Trusts

+ John Dielwart to Director @ TransAlta Corporation

+ Kevin Clarke to Chairman @ Niko Resources Ltd.

+ Leigh Cassidy to Director @ Connacher Oil and Gas Limited

+ Michael Freeborn to Director, Alberta Board @ Nature Conservancy of Canada

+ Patrick Fournell to Institutional Portfolio Manager @ Mawer Investment Management

+ Philip Scherman to Director @ Mullen Group Ltd.

+ Richard Wyman to Director @ Hemisphere Energy Corporation

+ Wendell Robinson, Chairman @ Niko Resources Ltd., retired




INTERESTING REAL ESTATE NEWS, other places


+ FirstService Corporation acquired AOS Group (450 agent firm with offices in France, Belgium, Spain, Morocco, UK, Netherlands and Switzerland); will rebrand as Collliers International. Price not disclosed.

 

+ Oxford Properties Group formed partnership with Carbonleo; Quartier DIX30 as joint owners and managers of the retail centre located in Brossard, on Montreal's South Shore; comprises the 2.3 million square feet of established multi-use retail assets, as well as two adjacent future developments totalling 295,000 square feet and scheduled for completion in 2015/2016. Oxford and Carbonleo will jointly own and manage the asset going forward through a joint venture relationship. Quartier DIX30 is Canada's second largest shopping centre.

 

+ Ivanhoé Cambridge announced partnership with Black Creek Group to invest development of mixed-use urban communities in the main cities of Mexico; Ivanhoé Cambridge intends to invest up to US$500 million.




 SUGGESTIONS / COMMENTS:
 
feedback@facilitycalgary.com



 OILSANDS NEWS 


+ TransCanada Corporation got regulatory approval for its twin - 460 km Grand Rapids pipeline project; will move 900,000 barrels/day of oil & diluent from north west of Fort McMurray to Edmonton area. Project capital cost is $3 billion – to be owned jointly by TransCanada and Brion Energy Corporation

 

+ European Commission issued new directives around fuel which are favourable to oilsands crude exports


FACILITYCalgary
current week data

website refreshed every Tuesday morning


October 14, 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:
Mark's reflections on two years of interviews.
 
Last week's conversation with Doris Olafsen  , Executive VP at Opportunity International Canada
Archived conversations 



 sponsors of this week's issue:

CONTACT OMICRON
 
ARCHITECTS



CONTACT PIVOTAL
 
PROJECT MANAGEMENT




CONTACT REGUS
 
BUSINESS CENTERS



CONTACT PREMIERE VAN LINES
 
OFFICE MOVERS



 
kevin.ellis@altusgroup.com
 
CONSTRUCTION
COST CONSULTING



e-mail to Sharon Martens
 
INTERIOR DESIGN



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



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



 INFRASTRUCTURE / P3 / GREEN


+ Sun Life’s Montreal HQ building (built in stages 1914-1933) achieved a LEED Silver designation in the ‘Existing Building Operations and Maintenance’ category

 

+ Government of Alberta: Premier Prentice announced Phase 3 ($43.2 million) of 10-yr. capital plan for new schools and expansions; this tranche is for 55 new schools and 20 modernizations




 this week in REITS 


+ Summit Industrial Income REIT agreed to acquire a Cambridge, On. property for $7 million, sold one in Red Deer for $710K

 

+ Slate Retail REIT agreed to acquire grocery-anchored shopping centres; Bloomington, IL (US$8.2 million), Fond du Lac, WI (US$16.95 million)

 

+ Choice Properties REIT closed a $211.9 million acquisition of 16 properties from Loblaw related companies




FINANCINGS - proposed & closed

+ CGX Energy Inc. secured $7.5 million debt financing

+ Ivanhoe Energy Inc. secured US$2.2 million short-term debt financing

+ Jasper Mining Corporation is on the market to raise $65,000 in equity

+ Jericho Oil Corporation closed $4.23 million equity financing

+ Northland Power Inc. closed $232 million debt financing

+ Petrus Resources Ltd. closed $90 million debt financing

+ Revest Asset Management/Community Partners LP closed US$10 million equity financing

+ Tanager Energy Inc. is on the market to raise $275,000 in equity

+ Western Zagros is on the market to raise $250 million in a rights offering

+ 3MV Energy Corp. secured $10 million term loan commitment




 CLASSIFIED ADS
 
LINK TO CLASSIFIED PAGE



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  




PLANDflex CORPORATION
PROJECT MANAGER / P3 / PUBLISHER

 TODAY'S HEADLINES


Encana $605 million asset sale | Targa Resources buying Atlas Pipeline Partners | EnMax working to restore power downtown following explosion/fire | new school announcements | Bank of Canada quarterly surveys | CIBC lauded for being green | Exxon Mobil buying XTO for US$41 billion | CalgaryStampede 2015 tickets now on sale | financings + executive appointments >>>>




NEWS SUMMARY 
 Oct. 7 - 14


+ AIMco (Alberta Investment Management Corporation) in JV with Allianz Capital Partners and Hastings Funds Management agreed to acquired Porterbrook Rail Finance Limited; price for UK rail rolling stock portfolio not released

+ Aker Process Systems changed its name to Fjords Processing

+ ATB Financial – THE OWL … Daily Economic Comment

+ ATCO Mexico won a $50 million contract to construct a natural gas pipeline in state of Hidalgo

+ Athabasca Oil corp. is seeking a JV partner to develop its Slave Point properties

+ Bank of Canada issued its Autumn Issues of Business Outlook Survey and Senior Loan Officer Survey

+ B.C. land sales netted $14.32 million for Government of British Columbia

+ Calgary downtown explosion/fire; underground power facilities being rebuilt – office buildings, apartments and condos west of 4 Street SW affected. Law courts facilities

closed. 5,000 residents and 10,000 office employees affected. Telephone outages extend further … disruption could last several days, possibly much longer as EnMax rebuild services taken out by the fire … tic toc

+ Canadian crude exports to the U.S. topped 3 million/barrels/day for the first time ever in the week ended Oct. 3rd

+ Canadian Pacific is pursuing a takeover of CSX

+ Choice Properties REIT closes a $211.9 million acquisition of 16 properties from Loblaw related companies

+ current energy prices: live link to Bloomberg.com commodities data ; oversupply and price war volatility continues as Saudis and Kuwait price-downward in struggle for crude market share, PetroChina snapping up cheap Brent crude (6 million barrels last week); meanwhile, Canadian producers are getting benefit of weakened Canadian dollar …

+ Enbridge Inc.’s start up of its Line 9 reversal project delayed for 90 days or more on orders by the NEB to install shut-off valves on both sides of major water crossings; number of valves not yet resolved …

+ Encana Corporation agreed to sell a portion of its in Clearwater (southern and central Alberta) dry natural gas assets to Ember Resources Inc. for $605 million

+ Ernst & Young LLP has agreed to merge with/acquire Up Consulting

+ European Commission issued new directives around fuel which are favourable to oilsands crude exports

+ ExxonMobil agreed to acquire XTO Energy for US$41 billion

+ financial markets closed yesterday: Easter Monday in Canada, Columbus Day in USA

+ FirstService Corporation acquired AOS Group (450 agent firm with offices in France, Belgium, Spain, Morocco, UK, Netherlands and Switzerland); will rebrand as Colliers International. Price not disclosed

+ Government of Alberta: Premier Prentice signed a Memorandum of Understanding with Calgary and Edmonton Mayors around moving toward City Charter status but it looked

+ Government of Alberta: Premier Prentice announced Phase 3 ($43.2 million) of 10-yr. capital plan for new schools and expansions; this tranche is for 55 new schools and 20 modernizations which will get lots of planning done but won’t $43.2 million won’t build very much on that list – especially with falling oil prices clouding the government’s revenue projections, the question of where the $2 billion+ will come from remains …

+ Hôtel Le Germain (Groupe Germain Hospitalité) announced plans to develop an ALT Hotel in the East Village; $34 million project planned for opening in 2017

+ Ivanhoé Cambridge partnering with Black Creek Group to invest development of mixed-use urban communities in Mexico; Ivanhoé Cambridge intends to invest up to US$500 million

+ Montana Exploration Corp. agreed to acquire Brilliant Resources Inc.

+ Oxford Properties Group formed partnership with Carbonleo; to operate Quartier DIX30, Canada's second largest shopping centre as joint owners and managers

+ Palliser Oil & Gas Corporation shareholders approved amalgamation with Maha Energy Inc.

+ Pembina Pipeline Corporation announced plans for develop a $350 million diluent terminal development at its Heartland Terminal site near Fort Saskatchewan

+ Pembina Pipeline Corporation announced plans for $170 million gas plant expansion to its recently opened Resthaven facility

+ Petrus Resources Ltd. closed its acquisition of Ravenwood Energy Corp.

+ Peyto Exploration and Development Corp. increased its 2014 CapEx Budget to $690 million

+ Rapid Rod Service acquired the Rod Rig division and equipment assets of Essential Energy Services Ltd. for $6.1 million

+ Sask. land sales netted $21.6 million for Government of Saskatchewan

+ Slate Retail REIT agreed to acquire grocery-anchored shopping centres; Bloomington, IL (US$8.2 million), Fond du Lac, WI (US$16.95 million)

+ Summit Industrial Income REIT agreed to acquire a Cambridge, On. property for $7 million, sold one in Red Deer for $710K

+ Sun Life’s Montreal HQ building (built in stages 1914-1933) achieved a LEED Silver designation in the ‘Existing Building Operations and Maintenance’ category

+ Targa Resources Partners LP agreed to acquire Atlas Pipeline Partners for US$ 4.0 billion and Atlas Energy LP midstream assets for US$1.9 billion

+ The Cash Store Financial Services Inc. agreed to sell a portion of its assets to National Money Mart Company under CCAA court supervision

+ TransCanada Corporation got regulatory approval for its twin - 460 km Grand Rapids pipeline project; will move 900,000 barrels/day of oil & diluent from north west of Fort McMurray to Edmonton area. Project capital cost is $3 billion – to be owned jointly by TransCanada and Brion Energy Corporation

+ Zaio Corporation launched a United States 90-million-home appraisal database

+ Zargon Oil & Gas Ltd. announced its 2015 CapEx Budget is $46 million




 KUDOS

+ to Randy Remington, Chairman of Remington Development Corp. – donated $2 million to YMCA Calgary – for the new Y in Quarry Park, to be named ‘Remington YMCA’

 

+ to Dow Canada – gave $1.05 million to NAIT to support Centre of Applied Technologies expansion and Power Engineering Seminar

 

+ Bell and Government of Alberta each contributed $1 million to fund a project to improve access to mental health care for at-risk children and youth

+ to CIBC, ranked in the top 20 greenest banks in the world according to Bloomberg Markets magazine; CIBC is also the only bank in Canada to be listed among the top 100 global companies in Newsweek's 2014 World's Greenest Companies ranking. 


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 27, 2025