Interviews of Calgary shakers/movers ... coming soon to FACILITYCalgary. This week, stay tuned for my interview with recruiter Adam Pekarsky of Pekarsky Stein.
+ Oct. 24 – 14th Annual Calgary Real Estate Forum, TELUS Convention Centre, Calgaryinfo/register(SOLD OUT – 1200 attendees) – keynoters – Rick George and Rollin Stanley
+ Oct. 25 & 26; CI Energy Group 2nd Annual Oil & Gas Safety Symposium, Fairmont Palliser, Calgaryinfo/register
+ Nov. 1; Vancouver Leasing Conference (SOLD OUT – 350 attendees), Vancouver Convention Centre West, info/register
+ Nov. 6 & 7; BUILDEX Calgary, BMO Centre, Stampede Park, Calgaryinfo/register - FREE lunch, 35+ seminars – designing, building and managing real estate
+ Nov. 26 & 27; 29th Annual CCPPP National Conference and Awards, Torontoinfo/register
+ Highway 62 twinning project continues – $84 million/35 kilometres of four lane opened near WanderingRiver (1/2 way point between Edmonton and Fort McMurray). Alberta Transportation has committed $778 million to twin remaining sections of Hwy 63 and Hwy 55 to Fort McMurray by the fall of 2016
+ Edmonton Oilers deal with City of Edmonton for new downtown arena on the rocks as budget costs widen the gap to $50 million … don’t hold your breath till somebody blinks!
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
+ Enbridge Inc. committed to build new midstream assets in the Peace River Arch area for Encana Corporation; $264 million in gathering system and compression facilities
+ Enbridge Inc. is shelving Phase 1 of its $1.15 billion Cabin gas processing plant in B.C. until natural gas markets recover
+ fall sitting of Alberta Legislature starts today: new Education Act, mandatory home-warranty program, transparency and whistleblower protection and The Responsible Energy Development Act (streamlining regulatory process) on the agenda
+ First Mountain Exploration Ltd. agreed to sell Faust area assets to CaiTerra International Energy Corporation for $2.5 million
+ Halcon Resources Corporation agreed to acquire $1.45 billion in WillistonBasin assets from Petro-Hunt LLC
+ Prime Minister Harper announced new guidelines for foreign takeovers of Canadian corporations will be issued ‘soon’ as markets reel on decline of Petronas/Progress deal and show signs of anxiety over pending CNOOC/Nexen deal awaiting approval by the government
+ Rick George, former CEO @ Suncor called for ‘time-out’ cooling off period for Gateway Pipeline and foreign takeovers – calling for science and fact-based solutions while speaking to HaskayneSchool luncheon
+ Rosneft agreedto to acquire TNK-BP Joint Venture - $55 billion deal in which BP gets $17.1 billion in cash, balance as 19.75% interest in Rosneft and board seats
+ The Globe and Mail launched a new subscription service globeandmail.com
+ Whitehorn Resources Inc. to develop shale oil resources in Jordan
NEWS REVIEW Oct. 17 - 22
+ B.C. Premier Clark is a ‘soon to be former politician’ in search of an issue – revised her attack on the Gateway pipeline project, asserting the project will be a national political crisis if approved (illogical, but understandable for someone attempting to stave off political defeat)
+ BCE Inc. led investor group closed its $1.1 billion acquisition of Q9 Networks Inc.
+ Best Buy Canada opened its newest Calgary location – Hanson Square
+ Birchcliff Energy Ltd. completed its expansion of Pouce Coupe South Gas Plant – operational
+ by-election called for Calgary Centre federal seat – Nov. 26
+ CN and Tundra Energy Marketing Limited formed agreement to construct a crude oil rail car loading terminal (to handle 100 car unit trains) at Cromer, MB to shop Bakken crude production from MB and SK
+ Crombie REIT closed $73.3 million in retail property acquisitions
+ Exxon Mobil Corporation agreed to acquire Celtic Exploration for $3.1 billion
+ Granite Real Estate Inc. announced it is converting to a REIT structure
+ JBS USA, a Brazilian meat processing firm, has taken over operations of XL Foods and has option to acquire
+ Murphy Oil Corp. considering sale of its stake in Syncrude’s oilsands operations
+ Penn West Petroleum Ltd. is poised to sell $1.3 billion in assets to pay down debt
+ PETRONAS Carigali Canada Ltd. takeover of Progress Energy Resources Corp. declined by Industry Canada due to insufficient ‘net benefit’ to Canada; parties have 30 day period to re-present
+ Toscana Energy Income Corporation closed its $17.5 million acquisition of Senmar Capital Corporation
+ TransCanada Corp. restarted Keystone Pipeline following 5-day outage for repair investigations
+ Trican Geological Solutions Ltd. is the new name for CBM Solutions Ltd.
+ XL Foods have taken recalled beef to the dump, but not before Wildrose Party leader Danielle Smith entered the fray, Tweeting an idea to feed tainted beef to homeless people (really, Danielle, what were you thinking?)
