FACILITYCalgary

+ Brian Felesky to Vice-Chair Investment Banking Canada @ Credit Suisse Securities (Canada Inc.)

+ Greg Weadick to Minister of Advanced Education & Technology @ Government of Alberta

+ Kevin Cumming to Sr. VP Nortnern Develoment @ ATCO Group

Kevin Cumming to Pre. @ ATCO Midstream

+ Verlyn Olson to Minister of Justice & Attorney General @ Government of Alberta

 [send us your firm’s appointment notices to:  research@maxcomm.ca ]

+ public open houses are scheduled in connection with plans for the Calgary Southwest Ring Road . . info @  http://www.cswrr.info

+ AbitibiBowawter Inc. agreed to sell 75% of its Ontario hydro assets for $300 million to reduce corporate debt

+ Ontario Government has called a halt to further off-shore wind power projects on the great lakes pending further scientific study

+ Calgary City Council’s decision to explore building a $300 million tunnel under the new runway at Calgary International Airport remains a question as concerns about unexpected costs have been raised by median and the Airport Authority . . . stay tuned on that front; also, some MLA’s are discussing a possible provincial government contribution to the costs.

+ Imperial Oil and the City of Calgary have reached agreement to install a $3 million facility to prevent contamination at its former refinery site from migrating to the Bow River but stopping it with an underground clay wall

+ BHP Billiton Ltd. agreed to acquire Chesapeake Energy Corp’s central Arkansas shale gas assets for $4.75 billion

+  BP Plc agreed to a $7.2 billion joint venture with Reliance to explore offshore deepwater oil & gas in India

+ Canada has threatened to scrap trade deal with  European Union if EU persists with plans  to block imports of Canadian oil sands output

+ energy prices live link to Bloomberg.com commodities data ; oil jumped to its highest price in 2 yrs. on supply concerns as Libya violence escalates

+ TransCanada Corp. mainline natural gas pipeline suffered an explosion in northern Ontario; investigation underway

+ Alberta PC politics is headed for an interesting summer – Calgary’s Alison Redford stepped down as Attorney General to throw her hat in the ring to succeed Ed Stelmach as PC Party leader . . . joining declared candidates Ted Morton, Doug Horner and Doug Griffiths

+ readers are encouraged to forward news items, commentary, feedback & items for our 'on the move' section by writing to: research@maxcomm.ca  . We welcome your information – send us information on corporate news, key staff appointments, financings and notices of upcomg industry and charity events.

+ Birchcliff Energy Ltd. announced its 2011 CapEx Budget of $159 million

+ Brookfield LePage Johnson Controls and Orange National Retail Group joined forces to establish BLJC Orange to manage commercial real estate

+ CB Richard Ellis Group agreed to acquire the real estate mgmt. business of ING Group NV for $940 million

+ Connacher Oil and Gas Limited closed the $57.5 million sale of its Battrum properties

+ Enbridge Inc. announced it will go forward with its $560 million Bakken pipeline expansion

+ Fairborne Energy Ltd. agreed to sell $125 million in non-core Peace River Arch & Brazeau area properties

+ GE’s oil & gas division agreed to acquire Well Support div. of John Wood Group for $2.8 billion

+ Nexen Inc. is on the market to find partners to help develop its B.C. shale gas properties

+ North West Upgrading / Canadian Resources Limited Partnership made a deal with the Alberta Government to proceed on $5 billion upgrader north of Edmonton; facility will process bitumen the government earns in royalties to produce diesel fuel

+ Orleans Energy Ltd. sold is Kaybob deep rights position for $10.7 million       

+ Orleans Energy Ltd. announced its 2011 CapEx Budget of $62 million

+ Peyto Exploration & Development Corp. announced its 2011 CapEx Budget of $300 million

+ TMX Group in discussions with London Stock Exchange for a merger to Toronto and London exchanges

+ weekly economic update from ATB Financial

+ Arsenal Energy Inc. closed $21,050,575 equity financing

+ IBI Group Inc. closed $57,500,000 debt financing

+ Leader Energy Services Ltd. closed $15 million secured debt financing