+ Bill Flaig to Pres. & CEO @ Graham Group Ltd.

+ Chris Kucharski to Group VP Cable Operations @ Shaw Communications Inc.

+ Debra Avis to Sr. VP Social Responsibility @ Shaw Communications Inc.

+ Dennis Steiger to Chief Technology Officer @ Shaw Communications Inc.

+ Howard Thompson to Manager, Inspections & Licensing @ City of Red Deer

+ John Piercy to Group VP Business @ Shaw Communications Inc.

+ Ron Bohomme to National Co-Managing Partner @ Heenan Blaikie

+ Shannon Donnici to Group VP, Customer Experience @ Shaw Communications Inc.

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

 INFRASTRUCTURE / P3 / GREEN

+ City of Calgary administration pegs airport tunnel exchanges to cost $132 million

+ Government of Alberta announced the $1.31 billion south Calgary hospital project is running a little late but on-budget; due to open this summer

+ kudos to Golder Associates Ltd., recognized for business leadership in water management

+ kudos to ARC Resources and ARC Financial principals for donating $9.5 million to the Haskayne School of Business at the U of C to fund the Canadian Centre for Advanced Leadership in Business

+ Daryl K. Seaman Canadian Hockey Fund granted over $270,000 in support of six organizations, including the Village of Longview/ARC Society, Calgary Police Service/Hockey Calgary, Spray Lake Sawmills Recreation Park Society, Alberta Theatre Projects, Athol Murray College of Notre Dame and Hockey Canada. detailed listing of all grant recipients is available at thecalgaryfoundation.org

“You can talk to a fade, but a hook won’t listen.” – Lee Trevino

“The only sure rule in golf is – he who has the fastest cart never has to play the bad lie.” – Mickey Mantle

FACILITYCalgary
 published every Tuesday morning

 FRESH ITEMS TODAY
Jan. 31 / 2012 

+ Compton Petroleum Corporation announced its 2012 CapEx Budget of $14 million

+ current energy prices -  live link to Bloomberg.com commodities data ; crude prices down over Eurozone debt worries

+ ExxonMobil agreed to sell its Japanese arm to TonenGeneral Sekiyu for US$3.9billion

+ Inter Pipeline Fund announced its 2012 CapEx Budget of $751 million

+ Katz Group Canada Inc. and Medicine Shoppe Canada agreed to sell non-core assets to McKesson Corp. for $920 million (Edmonton Oilers holding not part of the deal)

+ Quebec Oil and Gas Association published new rules for hydraulic fracturing

+ Toronto-Dominion Bank set aside $255 million to provide for adverse U.S. lawsuit judgments related to a Florida ponzi scheme

+ Trimac Transportation Ltd. agreed to acquire Fortress Transport Inc.

 NEWS REVIEW 
Jan. 25 - 30 

+ BMO Chief Economist Sherry Cooper says Canadian housing bubble will slowly deflate

+ Canadian Old Age Security is, according to Prime Minister Harper, is unsustainable and requires change including a push-back of the eligibility age

+ CANMARC REIT closed its $ 140 million acquisition of Scotia Bank’s 50% interest in Scotia Center

+ CAPP established Canada-wide operating practices for shale, tight natural gas hydraulic fracturing

+ central bankers, Europe in particular, continue to support liquidity of banks during ongoing debt crisis; Greece continues to teeter on debt-swap talks

+ Cominar REIT got Competition Act approval for its acquisition of CANMARC REIT

+ Crescent Point Energy Corp. agreed to acquire Wild Stream Exploration Inc. for $611 million

+ Crescent Point Energy Corp. entered a $36 million JV with Midway Energy Ltd. for an oil play at Beaverhill Lake

+ Crescent Point Energy Corp. announced its revised  2012 CapEx Budget of $1.15 billion

+ Keystone XL pipeline approval bill has support of 44 U.S. Senators, pushing ahead for a 2012 approval of the project and generation of construction jobs

+ Leader Energy Services Ltd. announced its 2012 CapEx Budget of $4.5 million

+ Legacy Oil + Gas Inc. announced its 2012 CapEx Budget of $305 million

+ Pengrowth Energy Corp. announced its 2012 CapEx Budget of $625 million

+ Pershing Square continues its campaign to replace the board and CEO @ Canadian Pacific Railway

+ Pure Energy Services Ltd. announced its 2012 CapEx Budget of $53 million

+ Terrex Energy Inc. engaged advisors to evaluate strategic alternatives

+ Tourmaline Oil Corp. announced its 2012 CapEx Budget of $400 million

+ Tynt Multimedia sold itself to 33 Across

+ Weir Group PLC agreed to acquire Novatech LLC, for US$ 176 million

“The great thing in the world is not so much where we stand, as in what direction we are moving.” – Oliver Wendell Holmes

“He who moves not forward, goes backward.” – Johann Wolfgang von Goethe

+ Artis REIT closed a $85,537,500 equity financing

+ Carmen Energy Inc. closed $366,620 tranche of its common share issue

+ FairWest Energy Corp. is on the market to raise $4,050,000 in flow through equity

+ Oncolytics Biotech Inc. is on the market to raise $18,501,000 in new equity

+ Partners REIT in on the market to raise $20 million in new equity

+ PetroBakken Energy Ltd. closed  $455,220,000 debt issue

+ PetroBakken Energy Ltd. is on the market to raise US$900 million in senior debt

+ Petro Vista Energy Corp. closed $1,250,000 financing

+ Pure REIT closed $34.776 million equity financing

+ The Cash Store Financial Services Inc.  is on the market to raise $132,500,000 in senior debt

+ Winalta Inc. secured new $3 million revolving term facility

+ Western Energy Services Corp. closed $175 million senior debt financing