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FACILITYCalgary May 26/20

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SHAKERS AND MOVERS

 

+ Andrew Martz, COO @ Avigilon resigned
+ David Washenfelder to VP Exploration @ Marquee Energy Ltd.
+ Dennis Jackson to Partner @ Kenway Mack Slusarchuk Steward LLP
+ Edward LaFehr to Pres. @ TAQA
+ Gloria Phillips to Supt. Maintenance, Calgary Recreation, Capital & Asset Mgmt. @ City of Calgary
+ Graeme Lindsay to VP Human Resources @ TAQA
+ Grant Bailey to Dir. Global Corp. Accts @ Thermal Energy International Inc.
+ Hernan Martinez to CEO @ Pacific Coal Resources Ltd. replacing Luis Cavajales who resigned
+ John Masters to Pres. & CEO @ The Brenda  Strafford Foundation
+ Kathryn McQuade, Sr. VP and CFO @ Canadian Pacific Railway, resigned
+ Kenny Watt to VP Global Services @ McCoy Corporation Drilling and Completions Div.
+ Kevin Beingessner to Pres. & CEO @ Coril Holdings Ltd., replacing Larry Shelley
+ Lars Bacher to Exec. VP Dev. & Production International @ Statoil ASA
+ Lloyd McCoomb to Chair @ Greater Toronto Airports Authority
+ Luigi Nieto to COO @ Pacific Coal Resources Ltd.
+ Mark Weston to Partner @ Kenway Mack Slusarchuk Steward LLP
+ Milica Stolic, CFO @ McCoy Corporation is stepping down Dec. 31
+ Neil Gaydon to Pres. & CEO @ SMART Technologies Inc.
+ Ricardo Plata to Exec. VP @ Pacific Coal Resources Ltd.
+ Stale Tungesvik to Pres, Canadian Operations @ Statoil ASA
+ Stephen Ellis to VP Operations @ Compliance Energy Corporation
+ William Bridge to VP Bus. Dev. @ ATCO Power
[send us your firm’s appointment notices to: kolke@facilitycalgary.com ]

 SAVE THE DATE / upcoming events

 

+ Oct. 24 – 14th Annual Calgary Real Estate Forum, TELUS Convention Centre, Calgary info/register (nearly sold out!) – keynoters – Rick George and Rollin Stanley
+ Oct. 25 & 26; CI Energy Group 2nd Annual Oil & Gas Safety Symposium, Fairmont Palliser, Calgary info/register
+ Nov. 1; Vancouver Leasing Conference, Vancouver Convention Centre West, info/register
+ Nov. 6 & 7; BUILDEX Calgary, BMO Centre, Stampede Park, Calgary info/register -  FREE lunch, 35+ seminars – designing, building and managing real estate
+ Nov. 26 & 27; 29th Annual CCPPP National Conference and Awards, Toronto info/register
+ Nov. 26-28; 23rd Annual AIPMAC Conference, Hyatt Regency, Calgary info/register
+ Nov. 28; SustainaBUILD Vancouver, Hyatt Regency, Vancouver info/register
+ Nov. 28-29; 11th Annual Oil Sands Symposium, Fairmont Palliser, Calgary info/register
+ Feb. 13 & 14; BUILDEX, Vancouver Convention Centre, info/register
+ Apr. 11, 2013 – Vancouver Real Estate Forum, Vancouver Convention Centre West, SAVE THE DATE

[send us your event notices to:  http://kolke@facilitycalgary.com ]

 SAVE THE DATE / corporate meetings

+ Oct. 25; Thermal Energy International Inc., Annual and Special Meeting of Shareholders, Ottawa

send us your firm’s AGM notices to:  kolke@facilitycalgary.com 

 INFRASTRUCTURE / P3 / GREEN


+ Calgary Winter Club opened its $21 million expansion project

+ Alberta Court of Appeal ruling pending on $609 million 500KV Heartland Power Transmission Project; critics opposing the project believe it constitutes an overbuild of capacity that will push rates up . . .
 
+ Calgary Airport expansion – $2 billion project is on-time and on-budget; Airport Authority on track to open new runway May 2014, Terminal expansion in Oct. 2015

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 - © Copyright 1999 - 2012 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:
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FRESH ITEMS TODAY 
 October 16 / 2012 

 

+ Bank of Canada Governor Carney strategizing to offset effects of executives gloomy about economic recovery – will take action to keep inflation on target
+ Canacol Energy Ltd. agreed to takeover Shona Energy Company Inc. for $149 million
+ current energy prices: live link to Bloomberg.com commodities data
+ ONGC Videsh Ltd. (Indian national oil company) in negotiation to acquire Marathon Oil’s 20% stake in Athabasca Oil sands projects – Muskeg River and Jackpine mines
+ Ontario Premier Dalton McGuinty announced he is stepping down as Ontario Liberal Party Leader/Premier
+ Sinopec Corp. dropped its $2.2 billion JV takeover bid for China Gas due to regulatory hurdles
+ XL Foods poised to re-open for processing meat; slaughter operations still closed but 800 workers called back leaving beef industry cautiously optimistic about resumption of business as usual

 NEWS REVIEW 
 Oct. 10 - 15


 

+ Alberta accounting professions – Certified Management Accountants of Alberta (CMA) and Certified General Accountants of Alberta (CGA) are merging – new organization will be CPA Canada
+ Bank of Canada released its Autumn Issue – Business Outlook Survey and Senior Loan Officer Survey
+ Churchill Corp. reducing staff to save costs following release of disappointing earnings
+ Devon Energy announced it will close its Houston offices, consolidating U.S. personnel in Oklahoma City
+ Do All Industries Ltd. made a hostile takeover bid for Hyduke Energy Services Inc.
+ European Union won the Nobel Peace Prize … leaving me wonder, who came 2nd?
+ Gibson Energy Inc. agreed to acquire OMNI Energy Services Corp. for US$ 445 million
+ Harper government shuffled senior economic officials
+ Homburg Invest Inc. got another extension of its CCAA creditor protection
+ Ivanhoe Cambridge entered the Silcon Valley market, $234 million investment in multi-res project
+ Lakeview Hotel REIT announced plans to convert to a corporation structure
+ Morguad Corporation increased it ownership in Morguard REIT to 44.84%
+ Nexen Inc. takeover approval/decline ruling by Investment Canada delayed till Nov. 11
+ Portuguese government tabled a tough austerity budget in face of massive citizen protests – testing solidarity of Eurozone support
+ Pure Industrial REIT closed its $43.55 million industrial portfolio acquisition
+ Rick George launched new venture – Novo Investment Group, seeking deal opportunities in oilsands innovation, natural gas
+ Temple REIT closed its acquisition of the Saskatoon Inn & Conference Centre
+ Toscana Energy Income Corporation closed its acquisition of Senmar Capital Corp.
+ WestJet announced the name of its new regional airline:  WestJet Encore

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 QUOTES

“No sensible decision can be made any longer without taking into account not only the world as it is, but the world as it will be . . . “ – Isaac Asimov

“Nothing is more difficult, and therefore more precious, that to be able to decide.” – Napoleon Bonaparte


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FINANCINGS - proposed & closed

 

+ Donnycreek Energy Inc. closed $29,070,870 equity issue
+ Gibson Energy Inc. is on the market to raise $350 million equity financing
+ Infinito Gold Ltd. secured $250,000 debt financing
+ Laurentian Bank of Canada is on the market to raise $100 million preferred share issue
+ Marquee Energy Ltd. secured $80 million credit facility
+ Novus Energy Inc. secured $85 million credit facility
+ Reology Holdings closed $1.08 billion IPO
+ Scotiabank is on the market to raised $1.75 billion in subordinated debt
+ Sunshine Oilsands Ltd. closed $200 million debt financing
+ Tourmaline Oil Corp. is on the market to raise $29,520,000 in flow through shares
+ Valeura Energy Inc. closed $14,950,000 common share issue

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