+ Bernie Wolford to Sr. VP Operations @ Noble Corporation + Betty Unger sworn in as new Senator from Alberta @ Senate of Canada + Brian MacDonald to CEO @ Sunoco, replacing Lynn Elsenhans who is retiring + Charles Guay to Pres. & CEO @ Standard Life + Clifford Johnson to Partner @ Burstall Winger LLP + Dave Filipchuk to Pres. Western Canada Buildings @ PCL Construction Holdings Ltd. + Frank Scorpintini to CEO @ Katz Group Canada Ltd. + Gary Strother to Chief Superintendent @ Calgary Catholic School District + Dean Dussias, Interim CEO @ blutip Power Technologies Ltd., resigned + Earl Scotto to COO @ PetroFrontier Corp. + Jill Clayton to Information and Privacy Commissioner @ Government Of Alberta + Jim Dougan to Pres. Eastern Buildings @ PCL Construction Holdings Ltd. + Jo Taylor to VP & Head of Teachers Private Capital @ Ontario Teachers’ Pension Plan + Rob Holmberg to Exec. VP Canadian Buildings @ PCL Construction Holdings Ltd. + Rob Richardson to VP Exploitation @ Petrobank Energy and Resources Ltd. + Robert Coallier to CEO @ Agropur Cooperative + Robin Maclean to VP Operations @ eservus + Tony Mauro to VP Corp. Dev. @ Inter Pipeline Fun [send us your firm’s appointment notices to: mailto:research@maxcomm.ca]
SAVE THE DATE / upcoming events
+ Feb. 8-9; Buildex Vancouver, Vancouver Convention Centre info/register
+ Feb. 23, NAIOP Breakfast; BMO Centre, Stampede Park info/register
+ Mar. 13-15; 12th Annual Arctic Oil & Gas Symposiuminfo/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
+ May 17; Canadian Pacific, Annual Meeting of Shareholders, Calgary
INFRASTRUCTURE / P3 / GREEN
+ Alberta Government will introduce Bill 1, the Results-Based Budgeting Act, to re-invent how government develops operational and capital budgets + Genalta Power Inc. is developing a 1MW waste heat power generation power plant near Rocky Mountain House at a Husky Oil facility + the Peace Bridge opening is delayed, again. This time the problem is damaged concrete slabs for the deck . . . so . . .stay tuned . . . + City of Calgary looking at buying Paskapoo Slopes land to prevent commercial development there
KUDOS
+ kudos to Marty Hope, real estate writer for the Calgary Herald who retired after 30 years with the Herald and 47 years in journalism … heading to well deserved retirement
QUOTES
“When it comes to the future, there are three kinds of people; those who let it happen, those who make it happen, and those who wonder what happened.” – John M. Richardson Jr. “My interest is in the future because I am going to spend the rest of my life there.”- Charles F. Kettering
GOLF QUOTE / JOKE
“The moment the average golfer attempts to play from long grass or a bunker or from a difficult lie of any kind, he becomes a digger instead of a swinger.” – Bobby Jones
FACILITYCalgary published every Tuesday morning
FRESH ITEMS TODAY Feb. 7 / 2012
+ Greek crisis continues, debt restructuring time evaporating, labour unions walk off the job + current energy prices - live link to Bloomberg.com commodities data; Brent up due to Europe’s cold snap, natural gas continues to be bleak + FranWorks Group of Companies acquired Elephant & Castle Pubs North American chain + governments of Alberta and Canada announced an implementation planfor oil sands monitoring + Keystone XL Pipeline ongoing-drama; U.S. House of Representatives Republicans are trying, once again, to advance approval of the project by attaching its approval to a highway funding bill, or a payroll tax bill, or both . . . or neither as passage by the Senate and Presidential approval obstacles remain + Marathon Petroleum considering IPO to spin off pipeline assets + Pershing Square continue to advocate for a change of CEO at Canadian Pacific, held a town-hall meeting to pitch shareholders on board & CEO change, improve performance + spring sitting of the Alberta Legislature starts today + Syrian unrest, military crackdowns continue to shake middle-east; United Nations resolution for Assad regime to step aside failed . . . vetoed by China and Russia
NEWS REVIEW Feb. 1 - 6
+ AltaGas Ltd. agreed to acquire Semco Energy Inc. for $1.14 billion + BC LNG Export Co-operative LLC granted 20 yr license to export liquefied natural gas from Kitimat by National Energy Board + EPCOR Water (USA) Inc. closed its US$470 million acquisition of Arizona American Company and New Mexico American Water Company Inc. + Fairborne Energy Ltd. agreed to sell Clive area units & CO2 project for $47.5 million + Griffiths Energy International Inc. cancelled its IPO plan + Hemisphere GPS closed its acquisition of AgJunction + High Arctic Energy Services Inc. announced its 2012 CapEx Budget of $23 million + Imperial Oil Limited approved a $2 billion Cold Lake operation expansion including 170 MW cogeneration facility + Invicta Energy Corp. announced its 2012 CapEx Budget of $14 million + Ivrnet Inc. closed its acquisition of TxtMeNow mCommerce Inc. + MEG Energy Corp. committed to going ahead with its $6 billion Christina Lake oilsands project + NewNorth Projects Ltd. completed its amalgamation with Ninety North Construction & Development Ltd. + Oilsands Quest Inc. agreed to sell Eagles Nest asset for $4.4 million + Palliser Oil & Gas Corporation announced its 2012 CapEx Budget of $3 million + Partners REIT closed its $41,742,531 acquisition of the assets of NorRock Realty Finance Corporation + Petrobank Energy and Resources Ltd. agreed to sell its May River property to Grizzly Oil Sands Ulc for $225 million + PetroChina completed acquisition of 20% stake in Shell’s Groundbirch shale project in NE B.C. + Temple REIT closed its acquisition of Radisson Hotel & Suites Fort McMurray + Vero Energy Inc. closed its sale of deep basin natural gas assets + Western Financial Group acquired Brown & Ward Insurance Ltd.
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
+ Angle Energy Inc. closed $44,450,000 issue of new equity + Enerkem Inc. is on the market to raise $125 million by IPO of equity + Midway Energy Ltd. is on the market to raise $21 million in common shares & warrants + Oilsands Quest Inc. secured $3.75 million debtor-in-possession financing + Scotiabank is on the market to raise $1.5 billion in a new common share issue + Sea Dragon Energy Inc. is on the market to raise US$ 40 million in equity & debt financing + The Cash Store Financial Services Inc. closed $132,500,000 senior debt financing + TransGlobe Energy Corporation is on the market to raise $85 million in unsecured sub-debt + Veresen Inc. is on the market to raise $150 million by a preferred share issue + Yoho Resources Inc. closed $2,250,033 common share issue