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).
+ US government warns of increased terror threat in Europe
NEWS REVIEW Sept. 28 - Oct. 3
+ AltaCanada Energy Corp. engaged advisors to explore strategic alternatives
+ Canadian Real Estate Association & Commissioner of Competition entered into an agreement regarding future use of MLS system; yet to be ratified by CREA members
+ Chinook Centre’s 180,000 sq. ft. expansion opened for business (50 new stores)
+ Enerplus Resources Fund announced a plan to convert to corporation status
+ Enerplus Resources Fund closed $405 million sale of Kirby oil sands lease
+ FortChicago Energy Partners L.P. mailed their take-over bid to shareholders of Pristine
+ Pembina Pipeline Corporation completed Plan of Arrangement to convert Pembina Pipeline Income Fund to carry on business as Pembina Pipeline Corporation
+ provincial oil and gas land sales of $117 million - $1.86 billion year to date – surpassing previous high set in 2005
+ Stratic Energy Corp. scheduled shareholder meeting to approve plan of arrangement with EnQuest PLC
+ UTS Energy Corp. shareholders approved $1.5 billion takeover by Total SA
+ Alhambra Resources Ltd. closed US$ 8 million private placement of new equity
+ Cinch Energy Ltd. is on the market to raise $2.5 million via private placement
+ Pemberton Energy Ltd. is on the market to raise $2.5 million via private placement
Mark Kolke, Editor/Publisher
COMMENTS / FEEDBACK
+ 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.
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
+ Arthur Lloyd to Exec. VP Western Region Canada/US @ SITQ div. of Caisse de dépôt et placement du Québec
+ Bob Herman, Partner @ PricewaterhouseCoopser, retired
+ Bob Livingston to Pres @ Capital One Canada
+ Dr. Paula Burns to Provost & VP Academice @ Northern Alberta Institute of Technology
+ Jane Rowe, VP @ ScotiaBank resigned to become Head of Private Equity @ Ontario Teachers” Pension Plan
+ Jim McQuarrie to Gen. Mgr. @ Technicoil Corporation
+ Moe Danis to VP Lease Financing @ Pacific & Western Credit Corp.
+ Robin Lokhorst to Managing Partner @ McLeod & Company LLP
+ Ron Gratton, Partner @ PricewaterhouseCoopser, retired
+ Ron Roling to VP, Sales & Marketing – Drilling & Completions Div. @ McCoy Corporation
+ Ryana Mather to Partner @ Davison Worden LLP
+ Saajid Khan to CEO @ Compass Group Canada
INFRASTRUCTURE/P3/GREEN/LEED
+ Terasen Gas Inc. and City of Kelowna entered an agreement in principle to develop two unique renewable energy systems in Kelowna valued at $22-million and $16-million respectively
+ City of Ottawa issued a Request for Expressions of Interest forthe Lansdowne Part Partnership for residential and commercial development
+ Canadian Environment Minister Jim Prentice appointed an expert panel to review monitoring practices on oilsands water; Government of Alberta also expected to appoint an oversight body to look at contamination levels in rivers downstream from mines
COMMENTARY
+ natural gas producers, the ones not starving for cash flow, are considering shutting-in production while awaiting higher prices; prices will fall further due to lack of demand, the question remains when market will bottom out; ConocoPhillips is first to lead the way . . others expected to follow
+ it has a media circus; James Cameron the Canadian born Hollywood director of Titanic and Avatar came to Alberta, visited oil sands mines and learned that the issue is more complex than he thought, that companies and governments have technology, regulation and oversight . . had his 5 minutes of coverage and went home again. I’m not sure what was accomplished beyond publicity generation for him
+ kudos to STARS air ambulance – celebrating 25 years of service in Alberta
SAVE THE DATE/upcoming events:
+ Sept. 23 – Calgary Economic Development Annual Economic Outlook, Hyatt Regency, Calgary – Tickets + Sept. 23-24 – Banff Venture Forum 2010, Fairmont Banff Springs Hotel, Banff – registration + Oct. 20 – Calgary Real Estate Forum, TELUS Convention Centre, Calgary + Oct. 21 – Calgary Real Estate Leasing Conference, TELUS Convention Centre, Calgary; register + Oct. 27; Pemberton Energy Ltd., AGM, Vancouver + Oct. 29-30 – Calgary Career Show – info/register e-mail contact: Julie Ball +Nov. 3-4 – 11th Annual BUILDEX Calgary, BMO Centre, Calgary + Nov. 22 & 23; P3 2010 SHIFTING INTO HIGH GEAR, Toronto; register + 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
+ 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
