FACILITYCalgary
 published every Tuesday morning

+ David Horn, VP Bus. Dev. & Land @ Compton Petroleum Corporation, resigned

+ Dean Dussias to Interim CEO @ blutip Power Technologies Ltd.

+ Dr. Edward Bogle to Interim CEO @ Compton Petroleum Corporation

+ Frederic  Lesage to Pres. @ TAQA North Ltd.

+ Gordon Wong to Judge @ Provincial Court of Alberta

+ Jill Clayton to Alberta Privacy Commissioner

+ Joseph Geagea to VP @ Chevron Corp. and to Pres. @ Chevron Gas and Midstream

+ Khalid Amlani to CFO @ Run of River Power Inc.

+ Li Fanrong to CEP @ China National Offshore Oil Corporation Ltd.

+ Martin Sandell to Sr. VP Development @ Pixar Petroleum Corp.

+ Nazrul Islam to Pres. & CEO @ Alpetro Resources Ltd.

+ Shannon Ouellette, COO @ Compton Petroleum Corporation, resigned

+ Theresa Kosek, VP Finance & CFO @ Compton Petroleum Corporation, resigned

+ Tim Granger, Pres &  CEO @ Compton Petroleum Corporation, resigned

+ Will Roach  to Pres. & CEO @ Pixar Petroleum Corp.

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

+ Calatrava designed $24.5 million Peace Bridge moved out over the Bow River on temporary support; the installation saga continues . . . use is still at least a year away

+ BUILD TORONTO INC. announced it has partnered with Tridel for a $295 million, 75 storey residential building to link the downtown with the waterfront

+Laval is doing a feasibility study on an Aerial tramway project as an alternative to extending the Montreal Metro system

+ kudos to Okotoks … feted for Drake Landing Solar Community success by Energy Globe World Award - ingenious system where heat from the summer sun its stored below the surface of the earth. In winter it is used to meet 80% of the community’s entire energy needs

+ C.D. Howe Institute published a study: Holding Canada's Cities to Account: An Assessment of Municipal Fiscal Management

+ Toronto Port Authority chose its P3 partner for the Pedestrian  Tunnel to the Billy Bishop Toronto City Airport - Forum Infrastructure Partners (Forum, PCL, Johnson Controls, ZAS Archites et al)

+ Calgary’s application for $100 million in funding for recreation centres to P3Canada Fund turned down as P3 Canada changed its criteria

The study of economy usually shows us that the best time for purchase was last year. – Woody Allen

+ Bernard Callebaut opening Papa Chocolat store in Willow Park Village

+ Canada poised to withdraw from Kyoto treaty on eve of Durban climate conference; likely to pull out of $100 billion United Nations fund

+ China National Offshore Oil Ltd. closed its $2.1 billion acquisition of OPTI Canada Inc.

+ current energy prices -  live link to Bloomberg.com commodities data , oil up to $100/barrel on geopolitical worries; Syria, Iran, Egypt . . .

+ Euro zone debt crisis lingers; bond market solvency tests are precipitous

+ Paramount Resources Ltd. spinning its oilsands leases out to a new company, Pixar Petroleum Corp.

+ Parliament passed legislation to scrap the Canadian Wheat Board monopoly over western Canadian grain sales - Bill C-18, The Marketing Freedom for Grain Farmers Act

+ Bellatrix Exploration Ltd. closed $30 million credit facility

+ Canadian Pacific Railway Ltd. is on the market to raise US$ 500 million in long term debt

+ Contact Exploration Inc. is on the market to raise $2 million in flow-through equity

+ Crown Point Ventures Ltd. on the market to raise $13 million in new equity

+ Enbridge Inc. closed $450 million preferred share financing

+ H & R REIT and H&R Finance REIT closed $262 million debt financing

+ Kodiak O & G Corp. closed $650 million senior debt financing

+ Peyto Exploration & Development Corp is on the market to raise $100 million in new equity

+ Plains Exploration & Production Co. is on the market to raise $500 million in new debt

+ Tamarack Valley Energy Ltd. closed $4,100,000 flow-through equity financings

+ Tiene Energy Ltd. closed $204 million equity financing

+ Vermillion Energy Inc. closed $263,130,000 new equity issue

It is almost impossible to remember how tragic a place this world is when one is playing golf. – Robert Lynd

+ Auditor Gen. of Alberta released fall report ; call for better way to monitor cap-and-trade

+ Calgary downtown - several office buildings suffered flying debris damage from Nov. 27 hurricane-force gusts topping 140km/hr

+ Chevron facing heavy fines for oil spill on Brazilian coast

+ Cominar REIT made a takeover offer for CANMARC REIT

+ Eco (Atlantic) Oil & Gas Ltd. completed reverse-takeover (formerly Goldbard Capital Corp.)

+ GEC Architecture expanded, opened an Edmonton office

+ Husky Energy Inc. offshore rig (Newfoundland) struck by supply ship; no spills, no injuries

+ International Monetary Fund established a Precautionary and Liquidity Line to aid countries in debt jeopardy

+ Imperial Oil forcing delay in Syncrude expansion schedule

+ KKR & Itochu taking over Samson Investment Company for US$ 7.2 billion

+ National Energy Board report oilsands production to triple by 2035

+ Nebraska legislature passed a bill into law supporting alternate route for Keystone XL Pipeline

+ Oilsands Quest sale of Wallace Creek assets delayed

+ SilverBirch Energy Corporation has applied for regulatory approval to develop its Frontier/Equinox Projects  110 km north of  Fort McMurray

+ The Power Alternative Inc. consortium to build 2 – 66 million litre/year biodiesel plants at High Prairie and Smoky Lake County; capital cost $30 million

+ TSX up on hopeful news about Eurozone 440 million euro bailout fund

+ WestJet Airlines Ltd. won landing rights at LaGuardia airport in New York