FACILITYCalgary

+ 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.

+ BP GOM oil spill – White House commission finds no evidence of BP corner cutting; attributed responsibility to series of on-site misjudgments

+ Calgary city council approved $250,000 budget to evaluate airport tunnel project viability, budget and time-line

+ energy prices live link to Bloomberg.com commodities data

+ Fort Chicago Energy Partners LP completed its takeover of Pristine Power Inc.

+ oil dropped from 2 yr high on forecast of  U.S. crude stockpile rise

+ Woodside Petroleum Ltd., Australia’s 2^nd largest oil & gas producer becomes takeover target after Royal Dutch Shell Plc cut its stake

+ Baytex Energy Trust plans to convert to dividend paying corp; Baytex Energy Corp., subject to shareholder approval Dec. 9

+ BHP Billiton takeover of Potash Corp. rejected by Industry Canada; 30 day opportunity to put forward revised proposal . . . stay tuned

+ Husky Energy Inc. announced an increase in its 2010 capex buddget from $3.1 to $4 billion

+ Petrobank Energy and Resources Ltd. spinning off its 66% interest in Petrominerales Ltd. to its shareholders

+ Stratic Energy Corporation got shareholder approval for its plan of arrangement with EnQuest PLC; ratified with court approval

+ Stratic Energy Corporation closed its plan of arrangement with EnQuest PLC

+ Trican Well Service Ltd. announced its 2011 capex budget of $373 million

+ weekly economic update from ATB Financial

+ Oncolytics Biotech Inc. closed $28.77 million equity financing

+ Paramount Resources Ltd. closed a $59 million flow-through equity share issue

+ PetroGlobe Inc. closed $ 4 million private placement of new equity

+ Solid Resources Ltd. is on the market to raise $1,250,000

+ Trican Well Service Ltd. announced its 2011 capex budget of $373 million

+ Andy Melton to Exec. Vice-Chairman @ Melcor Developments Ltd.

+ Ashim Khemani to Chief Leadership Dev. Officer @ Sobeys Inc.

+ David Rickett to VP Sales & Marketing @ Shane Homes Group

+ Elsbeth Mehrer to Director Research, Workforce & Strategy @ Calgary Economic Development

 + Greg Pendura to Pres. @ Solid Resources Ltd.

+ Jim Prentice to Vice Chairman @ CIBC

+ John Baird to Minister of the Environment, replacing Jim Prentice who resigned

+ Mary Moran to Director, Marketing & Communications @ Calgary Economic Development

+ Rick Gliege to CFO & COO @ Solid Resources Ltd.

+ Rona Ambrose, Minister of Public Works and Government Services & Minister for Status of Women, adds responsibility for Western Economic Diversification to her duties

+ Sylvie Lachance to Exec. VP Real Estate Development @ Sobeys Inc.

+ Toby Austin to VP Power @ Fort Chicago Energy Management Ltd.

+ Ken Spinner to VP Engineering & Construction @ Fort Chicago Energy Management Ltd.

+ Julia Ciccaglione to VP Environmental & Gov’t Affairs @ Fort Chicago Energy Management Ltd.

+ Jim Fitzowich to VP Corporate Dev. Power @ Fort Chicago Energy Management Ltd.

+ Jose Menendez to VP Dev. Ontario @ Fort Chicago Energy Management Ltd.

+ Paul Eastman to VP Eastern Canada Power Dev. @ Fort Chicago Energy Management Ltd.

+ Paul Robertson to Group VP @ Shaw Communications Inc.

+ Sandra Mah to Partner, Tax Law Group @ Gowling Lafleur Henderson LLP

+ Shane Wenzel to Pres. & CEO @ Shane Homes Group

+ Tyler Bond to Associate, Insolvency/Restructuring Group @ Fraser Milner Casgrain LLP

+ Borealis Infrastructure. infrastructure div. of OMERS and Ontario Teachers' Pension Plan have jointly entered a binding contract today for purchase of High Speed 1 (HS1), Britain's only high-speed rail link to the Channel Tunnel, following a competitive tender process;  £2.1 billion

+ Alberta government’s Municipal Sustainability Strategy to develop to empower municipalities to address long-term sustainability

+ Mayor Naheed Nenshi has been on the job a week – already he’s shaking up some things at city hall administration – challenging some land deals, the behavior of Enmax executives  while calling for $35 million in operating budget costs; expect a change of sr. staff at Enmax and Calgary Police Services . . . tic toc