FACILITYCalgary

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

FACILITYCalgary May 6/25

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SHAKERS AND MOVERS

 

+ Bruce Eckert to Interim Pres. & CEO @ CanRock Energy Corp.
+ Dan Langlois to VP Investments @ The Calgary Foundation
+ Dr. Edward Bogle to Pres. & CEO @ Compton Petroleum Corporation
+ Elan Pratzer to Managing Dir. Canada @ Caldwell Parntners
+ Gordon Craig to COO @ Imperial Parking Corporation
+ Greg Busby, Pres. & CEO @ CanRock Energy Corp. resigned
+ Jack Perraton, former U of C Chancellor, died
+ Mark Renton to Managing Dir, Financial Advisory @ Lazard Ltd.
+ Mick Dilger to Pres. & COO @ Pembina Pipeline Corporation
+ Milan Niksic to VP Pre-Construction @ Devitt & Forand Contractors Inc.
+ Suzanne Hathaway to VP, General Counsel @ Keyera Corp.
+ Tom Olsen to Leader, Alberta Practice @ Earnscliffe Strategy Group
+ Vanessa Dumoulin to VP Strategic Initiatives @ Ivanhoé Cambridge
 
[send us your firm’s appointment notices to:  research@maxcomm.ca ]



 SAVE THE DATE / upcoming events

+ Feb. 23, NAIOP Breakfast; BMO Centre, Stampede Park info/register
+ Mar. 13-15; 12th Annual Arctic Oil & Gas Symposium info/register
+ Mar. 20-21/2012; 6th Annual Buildex Edmonton, Edmonton Northlands info/register
+
Apr. 11/2012; Vancouver Real Estate Forum info/register
+
May 10/2012; Edmonton Real Estate Forum info/register
+
June 5/2012; Calgary Leasing Conference info/register
+ June 19; sustainabuild conference, Calgary TELUS Convention Centre info/register



 SAVE THE DATE / corporate meetings

 

+ Mar. 1, Royal Bank of Canada, Annual Shareholders meeting, Toronto
+ Mar. 7, Vero Energy Inc., Special Meeting of Shareholders, Calgary
+ April 5; China Coal Corporation, Annual & Special Meeting of Shareholders, Calgary
+ May 17; Canadian Pacific, Annual Meeting of Shareholders, Calgary



 INFRASTRUCTURE / P3 / GREEN


 

+ The Caisse de dépôt et placement du Québec & Australia’s Plenary Group deal: for the Caisse to invest AU$139.2 million divided among five public-private partnership (PPP) projects on Australian soil, including the Melbourne Convention Centre
 
+ Peace Bridge opening date now set for March 24



 KUDOS 

 

+ kudos to cSpace & The Calgary Foundation acquired the King Edward School building and site for an arts-hub project



 QUOTES

 

“Man is condemned to be free; because once thrown into the world, he is responsible for everything he does.” – Jean-Paul Sartre
 
“Life is occupied in both perpetuating itself and in surpassing itself; if all it does is maintain itself, then living is only not dying.” – Simone de Beauvoir



GOLF QUOTE / JOKE

 

“The golf swing is like a suitcase into which we are trying to pack one too many things.” – John Updike
 
“Play it as it lies”, is one of the fundamental dictates of golf.  The other is “wear it if it clashes”. – Henry Beard

FACILITYCalgary
 published every Tuesday morning




 FRESH ITEMS TODAY
 Feb. 21 / 2012 


 

+ Bank of Canada Winter Issue of Bank of Canada Review available Feb. 23
+ current energy prices -  live link to Bloomberg.com commodities data
+ Enbridge Inc. oil pipeline 5 back on stream after Michigan leak
+ IMF / Euro Zone finance ministers agreed on $170 billion bailout for Greece to discount debt holders & revive Greek economy
+ Select Energy Services LLC closed its acquisition of WTR Transfer Services Ltd.
+ URS Corp. agreed to acquire Flint Energy Services Ltd. for $1.25 billion



 NEWS REVIEW 
 Feb. 15 - 20 


 

+ Caledonian Royalty Corporation closed its $35.7 million acquisition of Lario Oil & Gas Company
+ Centron Group is developing 355,000 sq. ft. office building on Beltline site of failed Gateway Midtown condo project; 36,000 sq. ft. floor plate
+ ConocoPhillips agreed to sell its Vietnamese business unit for $1.29 billion
+ Crescent Point Energy Corp. agreed to purchase Bakken assets from PetroBakken Energy Ltd. for $427 million
+ Crescent Point Energy Corp. revised its 2012 CapEx Budget upward to $1.2 billion
+ Encana Corp. entered a $2.9 billion JV deal whereby Mitsubishi Corp. will acquire 40% of its Cutbank Ridge shale gas project
+ Encana Corp. announced it will shut-in 250 million cubic feet/day of natural gas due to low prices
+ HSE Integrated Ltd. closed its acquisition of Flint Safety Unit for $2.2 million
+ Kingsett Capital acquired ‘5 Downtown Suites’ hotel from Holloway Lodging REIT for $56.6 million
+ Oilsands Quest Inc. got court approval for $3.75 million DIP financing and CCAA extension
+ Rock Energy Inc. closed its $46 million sale of Montney natural gas assets at Elmworth
+ Sequence Energy Ltd. announced its 2012 CapEx Budget of $100 million
+ Talisman Energy cut its capital budget by $500 million to $4 billion, shifting focus from natural gas to liquids
+ TransCanada Corp. revised its start-date for the Keystone XL pipeline to early 2015& increase in budget to $7.8 billion; U.S. House of Representatives added KeystoneXL approval to an infrastructure funding bill – Senate action uncertain
+ Viterra Inc. selling all its North American feed assets to Hi-Pro Feeds LP following a strategic review



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

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
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FINANCINGS - proposed & closed

 

+ BTB REIT closed $17.2 million issue of new equity
+ Crescent Point Energy Corp. is on the market to raise $525 million in new equity
+ Emerald Bay Energy Inc. closed $712,000 financing
+ First Capital Realty Inc. closed $75 million convertible debt financing
+ Madalena Ventures Inc. is on the market to raise $60 million in new equity
+ Manulife Financial Corporation is on the market to raise $250 million in preferred share equity
+ Manulife Financial Corporation closed $500 million subordinated debt issue
+ Midway Energy Ltd. closed $21 million common share & warrants financing
+ Power Corporation of Canada is on the market to raise $150 million in preferred share equity
+ Pure Industrial REIT is on the market to raised $31.5 million in new equity
+ Temple REIT is on the market to raise $30 million in new debt
+ Temple REIT is on the market to raise $17.5 million in new equity
+ Veresen Inc. closed a $200 million preferred share issue



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 sponsors of this issue:

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e-mail to Sharon Martens

INTERIOR DESIGN



PLANDflex CORPORATION
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PROJECT MANAGER / P3 CONSULTING



TRUE NORTH MORTGAGE
e-mail to Dan Eisner

RESIDENTIAL MORTGAGE BROKER



http://www.commoditycycle.com
e-mail to Duncan Robertson


ENERGY ADVISORY



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this site last updated May 6, 2025