+ Calgary Transit provided its 30-yr, $8 billion, transportation capital plan to City Council
+ expansion of Winnipeg Convention Centre awarded to The Churchill Coporation
+ NextEra Energy Canada, Enbridge and Borealis Infrastructure to join NextEra Energy Canada's subsidiary, Upper Canada Transmission Inc.’s bid to develop new power transmission in northern Ontario
QUOTES
“It is much more important to know what sort of patient has a disease than what sort of disease a patient has.” – William Osler
“Why join the navy if you can be a pirate?” – Steve Jobs
+ Equal Energy Ltd. closed US$40 million sale of North Oklahoma assets
+ International Monetary Fund head Christine Lagarde warns of ‘weaker than expected’ global growth this year and 2013 based on doubts Euro-zone policymakerswill keep their commitments, decline in German economic indicators
+ Quicksilver Resources agreed with TransCanada Corp. to delay pipeline access to its HornRiver assets until 2015
+ TerraVest Income Fund announced plans to convert from Income Trust to a corporate structure
+ TransCanada Corporation reached agreement with regulators to develop a new 900 megawatt natural gas fired power plant near Bath in eastern Ontario
+ TSX resource stocks hit by concerns over global economy
NEWS REVIEW September 19 - 24
+ Asco Group agreed to acquire EJR Trucking, Manatokan Oilfield Logistics and Docktor Oilfield Transport Corporation
+ BP offered to increase its stake in Rosneft, hopes of restarting offshore Russian Arctic exploration project
+ Cadillac Fairview Corporation Limited announced Inter Pipeline has committed to 140,000 sq. ft. lease for its CalgaryCity Centre project due for completion in 2015
+ Cadillac Fairview Corporation Limited announced plans to add 1,000,000 sq. ft. of retail space at Chinook Centre
+ Coril Holdinsg Ltd. acquired 38.5% of Gemini Corporation
+ ExxonMobil Corp. agreed to expand its Bakken oilfield holdings, in $1.6 billion transaction with Denbury Resources Inc.
+ HNZ Group Inc. is new name for Canadian Helicopters Group Inc.
+ Minto Properties Inc. acquired 3 Calgary multi-family projects, 752 rental units
+ Nexen Inc. shareholders approved $15.1 billion sale of company to CNOOC Canada Holding Ltd.; deal still need Canadian Federal Government approval which, in not certain amid media reports of considerable pressure brought to bear on politicians . . . stay tuned!
+ Rodina Oil Corp. engaged advisors to assist in strategic review to maximize shareholder value
+ Standard Chartered consented to $340 million in fines/penalties on regulatory infractions
+ Quebec’s new PQ Minister of Natural Resources sent shockwaves through industry with comments about delaying/preventing natural gas development in the province …. stay tuned!
+ 3MV Energy Corp. in default, under pressure from secured creditor, downsizing/reducing staff, cutting costs
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
