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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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Trinity Valley School leader to leave in May 2015

Gary Krahn, head of school for the past eight years at Trinity Valley School in Fort Worth, will leave his position in May 2015 when he and his wife Paula will move

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Basic Energy announces CEO Kenneth Huseman’s retirement date
 
 
A. Lee Graham
Reporter
 
Basic Energy Services Inc. of Fort Worth has announced that president and CEO Kenneth Huseman will retire on Sept. 30, 2013.
 
The news comes on the heels of Huseman’s March announcement that he would retire by the end of the year. It also comes after news that Roe Patterson, the company’s current senior vice president and chief operating officer, will succeed Huseman as president and CEO.
 
Huseman will remain a board member, with Patterson set to be appointed to the board of directors effective Sept. 30, 2013. 
 
"Roe Patterson has assembled a strong senior management team which is in place and ready to move the company forward,” Huseman said in a news release.
 
“I am pleased we had the depth in our organization to allow such continuity of management and achieve a seamless transition for our employees, customers and shareholders. My confidence in Roe and the entire management team allows me to retire a few months earlier than previously planned,” Huseman said.
 
After more than 35 years in the well-servicing industry, Huseman said he is stepping down to spend more time on “other interests” and looks forward to continuing involvement with the company as a board member and shareholder.
 
In connection with Huseman's retirement, during the third quarter, Basic said it expects to incur a pre-tax cash charge totaling about $4.2 million, along with an additional non-cash charge with respect to 300,806 unvested restricted shares that will vest through 2017.
 
Basic Energy Services, which provides oil and gas well-site services, employs more than 5,600 workers in Texas, Louisiana, Oklahoma, New Mexico, Arkansas, Kansas and the Rocky Mountain and Appalachian regions. More information is available at www.basicenergyservices.com.
 
lgraham@bizpress.net

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?