FACILITYCalgary

+ Feb. 28; Husky Energy Inc, Calgary

+ Bob Gibson to Managing Director @ Rothschild Canada

+ Chris Plosz to VP Development @ Hopewell Residential Communities

+ David Elliott to CFO @ Pason Systems Inc.

+ Greg Brown to VP Operations/Corp. Dev. @ Long Horn Geomatics Limited

+ Jim Prentice to Vice-Chairman @ CIBC

+ John Ferguson to Pres. &  CEO @ SCI Group Inc.

+ John Pantazopoulos, VP Finance & CFO @ Petro-Reef Resources Ltd. resigned

+ Laurie Schild to VP Marketing @ Calgary Co-op

+ Marion Murray to VP Sales & Marketing @ Hopewell Residential Communities

+ Paul Moynihan to Managing Director @ Rothschild Canada

+ Paul Taylor to Pres. @ Hopewell Management International

+ Rick Meslin to CEO @ UBS Securities Canada Inc.

+ Stepehn Poloz to Pres. & CEO @ Export Development Canada

+ Tim Gabruch to Sr. VP Marketing & Bus. Dev. @ Cameco Corporation

+ Troy Cleland to VP Corp. Dev. @ Black Diamond Group Limited

+ Winsport Canada opened 580,000 sq. ft. structure – 3 new ice rinks – at Canada Olympic Park

+ Calgary Board of Education trustee Sheila Taylor calling for a review of their new headquarters lease deal with Bentall LP as the project is now completed; too much politics, too little understanding – from a press hungry rookie trustee . . . stay tuned for much

+ Canadian Natural Resources still assessing damage at Horizon oil sands plant; re-start date remains uncertain

+ energy prices live link to Bloomberg.com commodities data

+ Gran Tierra Energy Inc. to buy Petrolifera, $195 million

+ Martin Luther King day in the United States; U.S. financial markets closed

+ University of Calgary announced plans for carbon capture research centre at Priddis

+ kudos to Alfred Sorenson … donated $5 million to the School of Business @ University of Alberta

+ it is hard to read Ed Stelmach – running hard to distance himself from the insurgent Wild Rose folks on several fronts (health care, land use, property rights, delay of the spring sitting of the legislature) with the threat to Ted Morton breathing down his neck, an ambitious successor maneuvering to go head-to-head against Danielle Smith; if he wins, he’s the Tory hero, if he loses he goes back to teaching at the U of C.  Either way, Premier Ed has a 2011 general election on his agenda if he wants to keep wearing the 3-piece suits

+ Baytex Energy agreed to acquire Seal/Lloydminster assets from Proper Petroleum for $156.5 million

+ Canadian Pacific Railway announced its 2011 CapEx budget of $50 million

+ Exxon Mobil shopping its stake in four North Sea oil and gas fields

+ Marathon Oil Corp. to spin off its refining business worth $9 billion

+ Mullen Group Ltd. announced its 2011 CapEx budget of $1.05 billion

+ Pembina Midstream Limited Partnership agreed to acquire Edmonton terminalling and storage facilities from Gibson Energy Partnership for $57 million

+ PetroBakken Energy Ltd. announced its 2011 CapEx budget of $800 million

+ SNC-Lavalin acquired Columbian engineering firm Itansuca Proyectos de Ingenieria S.A

+ Shaw Communications announced it will delay its cell phone market launch till 2012

+ Talisman Energy Inc. announced its 2011 CapEx budget of $4 billion

+ Target Corporation agreed to acquire Zellers Inc. for $1.825 billion; will re-brand stores in 2013/14

+ Trans Alaska Pipeline System to by-pass leak and resume production within days

+ weekly economic update from ATB Financial

+ 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.