+ 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.
FRESH ITEMS TODAY - Nov. 29, 2010
+ AltaCanada Energy Corp. completed its recapitalization plan
+ ConocoPhillips planning further layoffs in 2011
+ Enbridge Inc. restricted volumes on another of its U.S. pipelines (Spearhead) after shippers requested more capacity than available
+ Husky Energy plans $4.86 billion in CapEx budget for 2011
+ Husky Energy in deal to acquire $860 million in oil & gas production assets from Exxon Mobil Canada
NEWS REVIEW Nov. 23 - 28
+ Arsenal Energy Inc. announced a 2011 CapEx Budget of $50 million
+ Equal Energy Ltd. announced a 2011 CapEx Budget of $60 million
+ Flint Energy Services Ltd. announced expansion, acquired US$36 million in oilfield hauling assets
+ FortChicago Energy Partners L.P. secured shareholder and court approval for conversion
+ Tonko Realty Advisors appointed managers of the former ING portfolio; 8 million sq. ft. added to boost Tonko’s management portfolio to over 20 million sq. ft.
+ Canadian Western Bank is on the market to raise $300 million in subordinated debt
+ CGX Energy Inc. is on the market to raise $20 million in new equity
+ Husky Energy Inc. is on the market to raise $1 billion in new equity issue
+ Nordic Oil and Gas Ltd. closed $321,625 flow-through equity issue
+ Paramount Resources Ltd. closed $59 million flow-through equity issue
+ Pembina Pipeline Corporation closed $300 million convertible debit issue
+ PetroGlobe Inc. closed $500,000 over-allotment of flow-through financing
+ Petro-Reef Resources Ltd. is on the market to raise $4 million of new equity
+ Rock Energy Inc. closed $10,017,000 flow-through equity financing
+ Solid Resources Ltd. closed $1,250,000 private placement of new equity
+ Texalta Petroleum Ltd. closed $2.1 million private placement of new equity
+ Tourmaline Oil Corp. raising $210 million via IPO
COMMENTS / FEEDBACK
PEOPLE ON THE MOVE
+ Dr. Stephen Duckett, Pres. & CEO @ Alberta Health Services sacked by board
+ Dr. Chris Eagle to Acting Pres &CEO @ Alberta Health Services
INFRASTRUCTURE/P3/GREEN/LEED
+ Alberta’s public-private partnership approach to building new schools earned national recognition; the Alberta Schools Alternative Procurement received a gold award from the Canadian Council for Public-Private Partnerships - The 2010 National Award for Innovation and Excellence in Public-Private Partnerships
SAVE THE DATE/upcoming events:
+ Nov. 30 – Dec. 2; Real Estate Forum, Metro Toronto Convention Centre; registration – David Podmore + Andrea Stephen co-chairs + Nov. 30 – Dec. 2; Canada-U.S. Northern Oil and Gas Research Forum , Calgary + Dec. 11, 158th OPEC Meeting, Quito + Jan. 18 – Calgary Real Estate Board’s 2011 Forecast Conference & Tradeshow; BMO Centre, Stampede Park, Calgary – Info/Register + Feb. 20, Heritage Classic (Calgary Flames vs. Montreal Canadiens) @ McMahon Stadium
OFFICE & INDUSTRIAL LEASING
Mark Kolke, President of MaxComm Realty Advisors, MaxComm Communications and Plandflex Corporation, has been working in real estate finance, management, leasing, sales and consulting work in Alberta for twenty-eight years. His license to practice real estate in Alberta is sponsored by MaxWell South Star Realty where he is an Associate dealing in commercial, residential and agricultural properties. He moved back to Calgary eleven years ago after twenty- seven years in Edmonton. He advises tenants, buyers, developers and institutional clients on issues involving residential developments, commercial real estate and public private partnerships (P3s).
