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 Julie Pithers from DIRTT Environmental Solutions Inc.
Last week's conversation with Bruce Edgelow, VP Energy, ATB Corporate Financial Services
+ Alberta Health Services being reinvented .. again ... amid announcements that let 5 senior VP’s go, slashing 65 VP positions will involve departures and demotions .. stay tuned … this is just beginning
+ AltaGas Ltd. agreed to acquire a 25% interest in Petrogas Energy Corp.; deal includes provision for AltaGas to acquire a further 25%; ensures export propane supply
+ ATCO Ltd. sold its ½ interest in Tecno Fast ATCO JV in South America to its partner for $124 million
+ Axia NetMedia Corporation closed the sale of its 35% interest in Xarxa Oberta for $7.4 million
+ Canadian Pacific Railway began moving employees to its new Ogden Headquarters facility - 300 employees moved; moves will continue through end of 2014
+ Canadian Pacific Railway had an 8 freight car derailment in its Calgary yards; investigation ongoing . . .
+ China National Petroleum Corp. signed a deal to invest $5 billion in Kazakhstan’s Kashagan oil project with KazMunaiGas
+ Deefoot Mall owner Shape Properties announced plans to add 500,000 sq. ft. of space on its site; one has to wonder if a large dud will be better than a medium sized dud …
+ Element Financial Corporation closed its acquisition of Bush Truck Leasing
+ Encana Corp.’s CEO announced major changes are underway but did not announce details; top-heavy with dry-gas assets, soft stock price and those comments fuelling rumour mill . . . stay tuned
+ flood relief concerns continue throughout southern Alberta – upcoming information meetings ; meanwhile, the flood assistance debit card program wraps up September 30
+ Integrity Travel now a franchised Travel Masters office; will continue to operate in First Alberta Place, doing business as Travel Masters Calgary
+ Long Run Exploration Ltd. agreed to acquire $55 million in Alberta production and drilling rights; selling Saskatchewan assets
+ National Energy Board released its new filing requirements for onshore drilling involving hydraulic fracturing
+ RS Technologies Inc. completed its court supervised restructuring; Werkland Capital Corporation and Melbyye Skandinavia AS each have 50%
+ Sasol Ltd. acquired 526 hectares of land near FortSaskatchewayn for its planned $8 billion natural gas-to-liquids plant; planning will take another two years before construction starts
+ Sunshine Oilsands Ltd. got regulatory approval for its Thickwood SAGD Project
+ Total Energy Services Inc. increased its 2013 CapEx Budget by $17.2 million to $95.8 million
+ TransCanada Corporation reached a settlement with natural gas distribution firms in Eastern Canada toll dispute
+ TransCanada announced its $12 billion Energy East pipeline project will support 10,000 jobs
+ University of Alberta and Banff Centre establishing Peter Lougheed Leadership College as a joint venture; fundraising target of $60 million
+ Veresen Inc. applied for a long-term export license for its Jordon Cove LNG project in Coos Bay, Oregon
+ WesternOne Inc. entered $100 million agreement to supply workforce housing project in northern Alberta
+ Siemens Canada awarded contract to supply 60 ‘next generation’ LRT cars; delivery beings in 23 months, to be completed by end of 2016
+ in Scotland – MeyGen will install a tidal turbine array in the Pentland Firth, between Orkney and the Scottish mainland; 86megwatt project – enough to power 42,000 Scottish homes. The full project will eventually generate 398 megawatts . . . . very cool!
“Any idiot can face a crisis, it is this day-to-day living that wears you out.” – Anton Chekhov
“Character is much easier kept than recovered.” – Thomas Paine
KUDOS
+ CNOOC Limited, through its Nexen Energy ULC gave $1.5 million to the Calgary Public Library Foundation for the new central library - largest gift in the foundation’s history
+ the Waldron Grazing Cooperative Ltd. – 72 cattle ranchers – struck a deal with the Nature Conservancy of Canada to conserve 30,535 acre Waldron ranch located between the Whaleback and Porcupine Hills
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
