FACILITYCalgary current week data posted every Tuesday morning
CONVERSATIONS
FACILITYCalgary Publisher Mark Kolke visits with interesting Calgarians - to catch a glimpse of what drives them, how they see the world and what they see in Calgary's future - and shares what caught his attention.
This week's conversation with Bruce Edgelow, VP Energy, ATB Corporate Financial Services
Last week's conversation with Gordon Dirks, Executive Pastor, Centre Street Church
+ Agrium Inc. got approval from The Competition Bureau of Canada to complete its acquisition of Viterra Inc.’s retail operations from Glencore Xstrata PLC
+ B2B Bank and AGF Trust finalized their merger; will operate at B2B Bank
+ Burnco Rock Products Ltd. acquired Gateway Concrete
+ Calfrac Well Services Ltd. agreed to acquired Mission Well Services LLC for US$ 147 million
+ Canadian Pacific Railway signed on as World Grand Prix sponsor at Spruce Meadows – multi-year deal
+ Carfinco Financial Group Inc. acquired Persian Acceptance Corp. for $9.5 million
+ Eighth Avenue Place west tower subject to a city STOP WORK order after metal pieces fell 41 storeys; incident under investigation
+ Inter Pipeline Fund completed its conversion to Inter Pipeline Ltd.
+ Korea National Oil Corp. considering sale of its Harvest Oil Operations Corp. holding
+ Leger, The Research Intelligence Group, acquired IFOP North America
+ Lignol Energy Corporation agreed to acquire 40% of Neutral Fuels Company
+ Mistral Midstream Inc. and SaskEnergy formed JV; SaskEnergy investing $7.25 for natural gal liquids recovery in the Bakken
+ Novus Energy Inc. agreed to be taken over by Yanchang Petroleum International Limited for $320 million
+ Oasis Petroleum Inc. agreed (4 separate transactions) to acquire US$ 1.52 billion in WillistonBasin oil and gas assets in North Dakota
+ Pembina Pipeline Corporation agreed to acquire the Heartland Hub for $20 million
+ Prime Minister Harper proposed to President Obama that Canada and U.S. form a joint strategy climate strategy in an effort to get Keystone XL pipeline expansion approved
+ Stewart Weir Engineering sold to New Zealand’s Opus International Consultants for $50 million plus future performance share
+ Sunshine Oilsands Ltd. got Government of Alberta approval for this Thickwood SAGD project
+ Talisman Energy reported close to a sale of Norwegian assets/Yme field; expected to fetch $2 billion; EnQuest (its Chairman is Jim Buckee, former CEO @ Talisman) among lead suitors . . . stay tuned
+ The Bank of Canada held its overnight target rate at 1.0 %
+ Wrangler West Energy Corp. commenced a strategic alternative review process
+ AESO issued an appeal – twice in one week - for Albertans to reduce power use due to high demand and a planned shutdown of the intertie with British Columbia
+ U.S. Geothermal Inc. and Enbridge Inc opened first commercial geothermal power plant to be built in Oregon. The Neal Hot Springs Geothermal Plant located near Vale, Oregon, was developed by U.S. Geothermal
+ in Belleville, ON, the new Quinte Courthouse (LEED Silver), opened for business – with a 360 sq. meter green roof comprised of moss and 12 species of plants. The vegetation absorbs rainwater and provides insulation that reduces energy costs by helping to keep the building warm in winter and cool in summer
+ Infrastructure Ontario and Sheridan College short-listed three teams to design, build and finance Phase II of the Hazel McCallion Campus development in Missisauga: Integrated Team Solutions, Progressive Learning Partnership, Sheridan Creative Partnership
INTERESTING REAL ESTATE NEWS OTHER PLACES
+ BLF REIT acquired 306 unit multi-family project in Laval, QC for $20,275,000
+ Cadillac Fairview Corporation and Ivanhoé Cambridge completed $86 million expansion and redevelopment of Galleries d’Anjou
+ HealthLease Properties REIT closed its $17,130,000 acquisition of Wellbrooke project (100 unit facility) in Hendricks County, Indiana
+ Pure Multi-Family REIT closed US$ 45.3 million of multi-family acquisitions in Dallas
“There are only two mistakes one can make along the road to truth; not going all the way, and not starting.” – Buddha
“And ever has it been known that love knows not its own depth until the hour of separation.” – Khalil Gibran
KUDOS
+ The Marsh Family set aside 2,500 hectares of environmentally sensitive ranch land – The Shell Buffalo Hills Conservation Ranch; Ducks Unlimited and Shell Canada will ensure no further development occurs on the lands
FACILITYCalgary- Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher
