+ ATB Owl Report – daily economist’s outlook
+ Baytex Energy Corp. laid off 32 staff
+ Boulevard Industrial REIT and ProREIT got security-holder and court approval for their combination; will operate as ProREIT
+ Calgary city council approved a 3.5% property tax increase for 2016
+ CBC announced it is looking at selling all of its buildings, coast to coast, to strengthen its balance sheet
+ Cenovus Energy Inc. announced it is further reducing its workforce by 24%; 540 more jobs will go
+ ConocoPhillips is negotiating deals to sell assets to various buyers; properties being sold represent 20% of the company’s Canadian assets
+ COSIA (Canadian Oil Sands Innovation Alliance) launching a new initiative to tackle CO2 emissions today … stay tuned
+ current energy prices – live link to Bloomberg energy prices ; crude glut easing in North America, prices still soft but approaching US$45/bbl; natural gas prices up from 5-month low
+ Energy Transfer Equity agreed to acquire Williams Companies for US$33 billion
+ First Capital Realty announced a reorganization; 85 employees terminated, 25 new positions created; overall, a 13% staff reduction ... tic toc …
+ FortisAlberta agreed to acquire VNM Rural Electrification Association (Barrhead and Westlock County) for $16 million
+ Halliburton Co. announced it will cut another 2,000 jobs this year, mostly in North America, in addition to 16,000 jobs cut globally over the last year
+ Halliburton Company and Baker Hughes Inc., planning more divestitures in advance of their upcoming merger
+ Pengrowth Energy Corp. cut its 2015 CapEx Budget by $200 million and reduced staff 30%
+ RioCan REIT agreed to acquire Kimco Realty Corp.’s interest in 22 Canadian properties for $715 million; RioCan and Kimco agreed to unwind their Canadian joint-venture, a 35 property portfolio
+ Royal Dutch Sell abandoned its 9-yr. Alaskan-offshore drilling activities; reportedly US$7 billion in sunk money
+ Sanchez Energy Corporation agreed to divest US$345 million in Eagle Ford Shale pipeline assets to Sanchez Production Partners LP
+ Sea Dragon Energy Inc. got shareholder and court approval for its combination/takeover of Madison PetroGas Ltd.
+ Terra Energy Corp. agreed to sell a portfolio of non-core assets for $10.615 million
+ TransCanada Corp. announced plans to reduce 20% of its senior leadership positions; on top of 185 head office job cuts in June
+ Trez Capital Senior Mortgage Investment Corporation formed a board committee to consider strategic alternatives to enhance shareholder value
+ Trez Capital Mortgage Investment Corporation formed a board committee to consider strategic alternatives to enhance shareholder value
+ Vicwest Inc. announced a new manufacturing facility for Edmonton; opens Q1 2016