+ Bart Heijermans to CEO @ DeepOcean Group Holding AS

+ Betty Unger to Senator @ Government of Canada, replacing retiring Tommy Banks

+ Bob Reczka to CEO @ Celero Solutions

+ Brian Laberge to Partner  @ BDO Canada LLP

+ Cathy Coutts to Exec. Director @ Women In Need Society

+ Chad Johnson to Partner @ McLeod & Company LLP

+ David Gian to Treasurer @ Shona Energy Company Inc.

+ Dawn Farrell to Pres. & CEO @ TransAlta Corporation

+ Gary Nieuwenburg, Exec. VP, Canada @ Nexen Inc. has left the company

+ Joyhn Lowed to Pres. AltaGas Utility Group Inc. @ AltaGas Ltd.

+ Kevin Reinhart to Interim CEO @ Nexen Inc., replacing Marvin Romanow who has left the company

+ Martin Craighead to Pres. & CEO @ Baiker Hughes Inc.

+ Mike Wilkes to CFO @ Shona Energy Company Inc.

+ Nadia Heffernan to VP Contracts & Negotiation @ CGX Energy Inc.

+ Thomas Ebbern to CFO @ North West Upgrading Inc.

+ Tralisa Marajs to CFO @ CGX Energy Inc.

 

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

+ Bank of Canada survey shows hiring intentions up, particularly in the west

+ Canadian Pacific rejecting Pershing Square request to replace CEO; meanwhile a proxy fight looms to replace the board & CEO …. stay tuned!

+ current energy prices -  live link to Bloomberg.com commodities data ; prices down on continued concerns over shaky Euro zone economies, lingering debt crisis, and slumping U.S. demand

+ Nexen Inc. sacked two senior execs

+ Sea Dragon Energy Inc. agreed to acquire Us$60 million in Egyptian oil & gas assets

+ Teck Resources Limited agreed to acquire SilverBirch Energy Corporation, its partner in the Frontier oilsands project for $435 million; SilverWillow Energy Corp. will be a spinoff to develop early-stage projects

+ Twin Butte Energy Ltd. completed its combination with Emerge Oil & Gas Inc.

+ Alter NRG Corp. agreed to sell its CleanEnergy Developments Corp. unit for $5 million

+ Athabasca Oil Sands Corp. exercised its option to sell 40% interest in McKay River oil sands project to PetroChina International subsidiary for $680 million

+ Brookfield Properties announced plans to demolish former Calgary Herald Building, Annex and Fitzpatrick buildings to make way for 1.2 million sq. ft. high rise office development; tenants must be out by June 30

+ Connacher Oil & Gas Ltd. suspended its search for JV partner, shook up executive team

+ Government of Alberta set up a new advisory body - Athabasca Oil Sands Area Transportation Coordinating Committee – to oversee transportation planning in the region

+ Government of Canada is looking at increasing, and accelerating, previously announced deficit cutting measures in advance of next budget due in 1^st qtr 2012

+ Keyera Corp. forming JV with Enbridge Inc. to pursue multi-mode diluent transportation & terminalling services for bitumen producers

+ Northern Gateway Pipeline project public hearings underway; 4,300 people registered to present to hearings over 18 month approval process for 1,100 km line from Bruderheim, AB to Kitimat, BC; meanwhile, Harper government is pushing hard against foreign funded opponents amid plans to accelerate the process

+ Ridgeline Energy Servies Inc. finalized its acquisition of Danzik Hydrological Sciences LLC

+ Sinopec International Petroleum agreed to pay US$2.2 billion for a 30% of five Devon Energy shale operations

+ spike in electricity rates affecting many businesses who are not locked into long range fixed rate contracts . . .

+ Surge Energy Inc. closed $106 million acquisition of light oil assets

+ Target Corp. planning 1.3 million sq. ft. distribution centre for Balzac, Rocky View County

+ Total S. A. agreed to invest US$2.32 billion of a state in Chesapeake Energy Corp.’s shall operation in Ohio

+ TransGlobe Energy Corporation acquired $60 million in Egyptian assets

+ Vero Energy Inc. agreed to sell $209 million  in west central Alberta natural gas assets

+ Vero Energy Inc. to reorganize as light oil producer

+ Algonquin Oil & Gas closed $1,140,000 equity financing

+ Eco (Atlantic) Oil & Gas Ltd. closed $5,925,000 common share & warrants issue

+ Enbridge Inc. is on the market to raise $500 million in new preferred share issue

+ Pacific Coast Oil Trust is on the market to raise $345 million IPO

+ Peyto Exploration & Development Corp. closed $100 million senior debt financing

+ Ridgeline Energy Services Inc. closed its second tranche of its $7,500,060 new equity issue

+ Sea Dragon Energy Inc. is on the market to raise $90 million in new equity

+ Yoho Resources Inc. closed $17,500,000 in equity financing