FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 27/25

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FACILITYCalgary is published from Calgary every Tuesday morning


PEOPLE ON THE MOVE

+ Bill Stephens to SR. VP & Gen. Mgr. @ ATCO Gas

+ Harvie Andre, Pres. & CEO @ Wenzel Downhole Tools Ltd. resigned

+ Ian Minnifee to Partner @ Hamilton + Partners               

+ Kelly Charelebois to Interim Executive Dir. @ Progressive Conservative Party of Alberta

+ Ken Huges to Interim CEO @ Wenzel Downhole Tools Ltd.

+ Mark Carney, Governor of the Bank of Canada to CEO @ Financial Stability Board

+ Michael Ferguson to Auditor General @ Government of Canada

 

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




 SAVE THE DATE / upcoming events:

+ Nov. 8-9; BUILDEX Calgary Tradeshow & Conference, BMO Centre, Stampede Park, info/registration
+ Nov. 17; IFMA Silent Auction Night; Radisson Calgary; info/register
+ Nov. 23; Sustainabuild Conference, Hyatt Regency, Vancouver info/register
+ Nov. 29-Dec.1; 20th annual Toronto Real Estate Forum, Metro Toronto Convention Centre; info/registration
+ Nov. 29-Dec.1; 20th annual Toronto Real Estate Forum, Metro Toronto Convention Centre; info/registration
+ Jan. 18/2012; Calgary Real Estate Board Forecast Conference and Tradeshow, Telus Convention Centre




INFRASTRUCTURE/P3/GREEN/LEED

+ City of Calgary West LRT land costs coming under fire; City won’t release details yet … land costs to exceed $300 million on $1.4 billion project

 

+ Alberta Utilities Commission approved $620 million 66 km. Heartland electricity transmission line

 

+ 4th Street SE underpass opened

 

+ City of Edmonton paid $75 million for downtown arena site




GOLF QUOTE / JOKE

I don’t exaggerate – I just remember big. – Chi Chi Rodriquez

 

Dave and his buddies were hanging out and got to talking about planning a 5-day golf trip. Unfortunately, he had to tell them that he couldn't go because his wife wouldn't let him. After a lot of teasing and name calling, Dave headed home totally frustrated.  The following week when Dave's buddies arrived at the golf resort, they were shocked to see Dave sitting in the lobby, drinking a beer, holding his putter!  "How did you talk your wife into letting you go, Dave?" "I didn't have to," Dave replied.  "Last night I slumped down in my chair with a beer to drown my sorrows. Then, my wife sneaked up behind me, covered my eyes and said, 'Surprise.'  When I peeled her hands back, she was standing there in a beautiful see-through negligee and said, 'Carry me into the bedroom and tie me to the bed, and you can do whatever you want'......SO HERE I AM !"




Mark Kolke, Editor/Publisher
 FRESH ITEMS TODAY - Nov. 8 /2011

+ BP plc’s deal to sell $7 billion in Argentinean assets to Bridas Energy Holdings Ltd. and CNOOC Ltd. collapsed, not going forward

+ Canadian unemployment numbers grow, government blames Euro crisis

+ current energy prices -  live link to Bloomberg.com commodities data , crude closed over $95/barrel for first time since July

+ Finance Minister Flaherty says Canada is NOT heading into recession; giving deficit target update today in Calgary Chamber of Commerce address

+ Garneau Inc. shareholders approved liquidation and dissolution

+ Greek government in transition, Prime Minister poised to resign over Euro-zone rescue deal

+ Imperial Oil got go-ahead/permits from Montana to transport 205 Kearl oilsands modules manufactured in Korea that have been stalled in Idaho and Wash. ports for months

+ Italian government struggling/shaky as it fights debt woes

+ Keystone XL pipeline facing new hurdle; U.S. Inspector General ‘special review’ will probe propriety of approval and permitting process

+ TransAlta Corp. admits to market manipulation, fined $370,000




FINANCINGS - proposed & closed

+ AltaGas Ltd. is on the market to raise $125,111,000 in new equity

+ Altima Resources Ltd. is on the market to raise $1,0505,000 in convertible debt

+ BRS Resources Corp. closed $6 million convertible debt issue

+ DevCorp Captial Inc. closed $300,000 IPO financing

+ Golconda Resources Ltd. is on the market to raise $500,000 in new equity

+ Guide Exploration Ltd. is on the market to raise $5,000,000 in flow throw shares

+ Nextraction Energy Corp. closed $712,500 equity financing

+ Pengrowth Energy Corp. is on the market to raise $300,086,000 in new equity

+ Pennant Energy Inc. is on the market to raise $3 million in flow through shares and warrants

+ Xcite Energy Ltd. closed $5,122,876 common share issue




 QUOTES

In Greece, wise men speak and fools decide. – George Santayana

 

The women of Greece count their age from their marriage, not from their birth. – Homer




FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher

FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of MaxComm Communications
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 NEWS REVIEW   Nov. 2-7 

+ City of Calgary has offered Westbrook Station (former Ernest Manning High School site) for sale, inviting developers focused on Transit Oriented Development

+ Canadian Natural Resources Ltd. announced its 2012 CapEx budget of $7.2 billion

+ Encana Corp. agreed to sell US$975 million in north Texas assets to EnerVest Ltd.

+ Entrec Transportation Services Ltd. closed its acquisition of TRAK Equipment Haulers

+ Fairborne Energy Ltd. announced its 2012 CapEx budget of $130 million

+ Marathon Oil plans to sell $3 billion in non-core assets

+ Suncor Energy Inc. announced its 2012 CapEx budget of $7.5 billion

+ ULI and PWC published their 2012 forecast on trends in commercial real estate




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this site last updated May 27, 2025