FACILITYCalgary

+ May 24; Bankers Petroleum Ltd., Calgary, Annual General Meeting

+ May 24; First Capital Reality Inc., Toronto, Annual Shareholders Meeting

+ May 25; The Churchill Corporation, Calgary, Annual General Meeting

+ May 25; Perpetual Energy Inc., Calgary, Annual General Meeting

+ May 26; The Wawanesa Mutual Insurance Company, Winnipeg, Annual Meeting

+ May 30; Essential Energy Services Ltd., Calgary, Annual and Special Meeting

+ May 30; Technicoil Corporation, Calgary, Annual and Special Meeting

+ May 31; Sharon Energy Ltd., Calgary, Special Meeting of Shareholders

+ May 31; Tuscany Energy Ltd., Calgary, Special Meeting of Shareholders

+ June 7; Nabors Industries Inc., Hamilton, Bermuda, Annual General Meeting

+ June 28; Leader Energy Services Ltd., Calgary, Annual General Meeting

+ June 30; Torque Energy Inc., London, Ont., Annual and Special General Meeting

+ Al Bazar Mgr. of Parking Enforcement @ Calgary Parking Authority, fired

+ Charles Brehon to VP Exploration @ Wrangler West Energy Corp.

+ Craig Muirhead to VP & Treasurer @ Hercules Offshore Inc.

+ Crista Ferguson to CFO @ Wrangler West Energy Corp.

+ Dale Fraser, General Manager @ Calgary Parking Authority, fired

+ Elizabeth McNaughtan to Principal @ Matrix Solutions Inc.

+ Goetz Aust to Principal @ Matrix Solutions Inc.

+ Gordon Driedger to Sr. VP Central Canada @ First Capital Realty Inc.

+ Hugh Thomson to VP Finance & CFO @ Petro-Reef Resources Ltd.

+ Jay Feaster to General Manager @ Calgary Flames

+ Jill Olynyk to COO & CFO @ Calgary Health Trust

+ Kerry Sully to Exec. Chairman @ CGX Energy Inc.

+ Prime Minister Harper appointed his new cabinet

+ Sally Flintoft to CEO @ Calgary Health Trust

+ Steve Hermeston to Pres. & CEO @ CGX Energy Inc.

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

+ Alberta government is cranking up the rhetoric, claiming the Harper government are hypocrites on oilsands and environmental issues

+ Calgary City Council is considering routes for a north LRT route

+ energy prices live link to Bloomberg.com commodities data ; crude oil up on speculation Libyan supply cuts will ruduce OPEC’s spare production

+ EU debt crisis continues to spread; stocks tumble, the Euro weakens on debt concerns; Greece in trouble (planning spending cuts and privatizing telecoms and utilities) , Italy in trouble too, and Spanish stability is in doubt, Belgium facing credit downgrade

+ too funny .. U.S. President Obama was speaking in Dublin and, as his limousine was exiting the property, it got high-centered and rendered immobile; security was not compromised, but it seems trips to Dublin are best done in cars that ride high off the ground

+ uncertainty for victims of Slave Lake fire continue as wildfires in area remain out of control; aid is coming in, but too soon to guess when residents can return

+ Victoria Day holiday in Canada today, celebrating anniversary of Queen Victoria’s birthday

+ Connacher Oil and Gas Limited is on the market to raise US$550 million and CDN$ 350 million in senior secured debt

+ Equal Energy Ltd. closed $50.3 million common share issue

+ Flint Energy Services Ltd. is on the market to raise $200 million in senior debt

+ Ivanhoe Energy Inc. is on the market to raise $50 million in subordinated debt

+ Nordic Oil and Gas Ltd. closed second tranche of $158,000 debenture issue

+ Petrohawk Energy Corp. is on the market to raise $600 million in senior debt

+ Rock Energy Inc. closed $31,194,500 flow through shares equity financing

A fellow comes home after his regular Saturday golf game and his wife asks why he doesn't include Tom O'Brien in the games anymore. The husband asks, "Would you want to play with a guy who regularly cheats, swears up a storm over everything, lies about his score, and has nothing good to say about anyone else on the course?" "Of course I wouldn't," replies the wife. "Well," says the husband, "neither would Tom O'Brien."

“Do not let your feelings (very natural and usual ones) of momentary irritation and discomfort be seen by others; don’t (as you so often did and so) let every little feeling be read in your face and seen in your manner.” – Queen Victoria

+ Calgary Parking Authority and recently fired senior executives are in a dispute over the ParkPlus system patents the executives filed on their own accounts

+ Denali Pipeline JV (BP & ConocoPhillips) withdrew their plans for its $35 billion Alaska pipeline project, leaving a clear path for TransCanada’s proposal

+ Enbridge restarted its Norman Wells pipeline following a spill repair

+ Government of Alberta announced an initial disbursement of $50 million for Slave Lake disaster relief

+ shutdown of Plains Midstream pipeline continues

+ The Bank of Canada issued the spring issue of the Bank of Canada Review

+ TMX Group merger with the London Stock Exchange hit a snag; a competing $3.6 billion offer from the Maple Group (consortium of Canadian banks & pension funds) has shaken up the mix; stay tuned . . .

+ U.S. President Obama ordered the Interior Department to expand drilling in the Gulf of Mexico and to hold annual lease sales in the Alaska National Petroleum Reserve

+ weekly economic update from ATB Financial

+ City of Calgary awaiting arrival of two electric cars for viability test in Calgary weather conditions; possible use for city fleet to cut emissions

+ Enmax Corp. Annual Meeting highlights: executives have received a pay cut; City of Calgary, the sole shareholder stopped short of replacing board members with a strong message on new approaches to governance . . . and questioned investments in a failed tech venture firm

+ City of Calgary and Airport Authority officials have nearly exhausted the available time to strike a deal for the $345 million airport tunnel project; a go or no decision is pending for City Council tonight. Efforts to get the provincial government to assist were rejected