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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Norstra Energy addresses trading suspension, market activity
 
A. Lee Graham
Reporter
 
The U.S. Securities and Exchange Commission has temporarily suspended securities trading activity for Norstra Energy Inc. after the Southlake company said unnamed individuals have been promoting its stock.
“We seek to clarify that we have not engaged in any such activity and have no connections to, or relationships with, anyone who would be engaging in the promotion of our stock,” reads part of a company news release.
The promotional items in question include projections that the company said are not based on genuine analysis of its operations. 
“As an exploration stage enterprise, our focus must remain on developing our property interests to establish a commercially viable hydrocarbon resource,” the company said.
“This is where our attention and funds will remain focused, and we have not, and do not currently intend to, expend funds on stock promotional activity.”
The company plans to resume stock trading activity on July 10, 2013. More information is available at www.norstraenergy.com. Norstra Energy Inc. is an oil and gas exploration company with interests spanning more than 10,000 acres in the Bakken Shale in Montana.
 
lgraham@bizpress.net

 

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