Join The Discussion

 

Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

read more >

Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

read more >

Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

read more >

Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

read more >

Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

read more >

 

Atlas Resource Partners prices public offering

. Lee Graham
Reporter

Atlas Resource Partners LP, which owns an interest in thousands of North Texas natural gas and oil wells, has priced a public offering of 13 million common units representing limited partner interests at an offering price of $21.75 per unit.
Underwriters have been granted a 30-day option to purchase up to 1,950,000 more common units.
Atlas plans to use net proceeds from the offering to fund part of its acquisition of natural gas assets from EP Energy. Before funding the pending acquisition, Atlas said it may use some or all of the net proceeds for general partnership purposes, which may include repayment of outstanding borrowings under its revolving credit facility.
Acting as joint book-running managers for the offering are Wells Fargo Securities, BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets.
Atlas Resource Partners LP, an exploration and production master limited partnership, owns an interest in more than 10,000 producing natural gas and oil wells, primarily in North Texas’ Barnett Shale and Appalachia. More information is available at www.atlasresourcepartners.com.

 

< back

Email   email
hide
Catch
How 'bout them Cowboys?