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).
+ Potash Corp. takeover drama continues; Sinochem Corp. & CPP Investment Board both rumored to working in bids to compete with BHP Billiton . . . stay tuned
NEWS REVIEW Sept. 14 - 19
+ Athabasca OilSands Corp. agree to Excelsior Energy for $144 million
+ Compton Petroleum Corporation got note-holder & court approval for its reorganization plan & debt swap/recapitalization transaction
+ Devon Energy Corp. plan $1.2 billion oilsands project Jackfish 3
+ Enbridge Inc. restarted its ruptured Illinois pipeline
+ Enmax to pay $1 million compensation to tenants at Mayfair Place transformer install errors resulting in appliance damages and temporary displacement due to power surges
+ Fraser Milner Casgrain LLP introduced its new brand identity FMC
+ Gaz M้tro got renewal of exclusive right to distribute natural gas in Quebec
+ Lehman Bros. Holdings Inc. launched a lawsuit against CIBC to recover US$1.3 billion relative to derivative credit default swaps
+ Manulife Bank of Canada has launched Manulife Trust Company
+ MackenzieValley pipeline project decision, due this month, delayed over privacy concerns
+ Royal Dutch Shell PLC started up its 100,000 barrel/day expansion at its Athabasca oilsands project
+ TotalSA expect a delay in production from its Josyn project now expected to be 2017/18
+ Total E&P Canada secured ERCB approval for its planned 300,000 barrel/day upgrader to be built near FortSaskatchewan
+ TransCanada launched open season for Bakken Marketlink project; to ship crude oil from Baker, Montana to Cushing, Oklahoma
+ Transocean Ltd. is on the market to raise long term debt
+ Weatherford International Ltd. is on the market to raise $700 million
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.
PEOPLE ON THE MOVE
+ Betty DeVita to Pres @ MasterCard Canada
+ Dell Chapman CFO @ Equal Energy Ltd.
+ Gordon DeKuyper to Managing Dir. & Head Corporate Banking, West/Can @ Citigroup Inc.
+ Kasey Fukada to Director & Head Investment Banking, West/Can @ Citigroup Inc.
+ William Tresham to Pres. & CEO @ SITQ div. of Caisse de d้p๔t et placement du Qu้bec
INFRASTRUCTURE/P3/GREEN/LEED
+ Bird Construction Income Funds sub. executed design and construction contract with Shield Infrastructure Partnership to design and build 18 Ontario Provincial Police facilities located throughout Ontario
+ government of Canada to spend $105-million on new cells, totaling 600 new beds, at three prisons in Western Canada and one in Nova Scotia 1st stage of plan to build 2,700 new spots in 3 yrs. to accommodate projected 25% increase in prisoners
