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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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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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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Athlon Energy sets stage for $300M IPO
 
 
A. Lee Graham
Reporter
 
Athlon Energy of Fort Worth plans to go public and raise $300 million by offering 15.8 million shares at a price range of $18 to $20.
At the midpoint of the proposed range, the commpany would command a market value of $1.6 billion.
Acting as joint bookrunners in the deal were Citi, Goldman Sachs, BofA Merrill Lynch and UBS Investment Bank.
Athlon Energy, launched by former Encore Acquisition executives with financing from Apollo Global Management, focuses on unconventional oil and liquids-rich natural gas reserves in the Permian Basin. It booked $179 million in sales in the last 12 months. It plans to list on the New York Stock Exchange under the symbol ATHL.
 
lgraham@bizpress.net

 

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