Join The Discussion

 

Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

read more >

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. 

read more >

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.

read more >

Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

read more >

Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

read more >

 

FTS International closes transaction with Fairmount Minerals

A. Lee Graham

Reporter

FTS International Inc. of Fort Worth has closed the sale of substantially all assets of its proppant business and related logistics assets to Fairmount Minerals of Chesterfield, Ohio.

The Fort Worth company has a long-term proppant supply agreement with Fairmount to provide proppant for FTS’ well completion customers.

FTSI said it plans to use net proceeds from the sale for debt reduction. Terms of the transaction were not disclosed.

“The sale of these assets further enables [FTS] to refine the company’s focus on its core well completion business,” said FTS CEO Greg Lanham in a news release.

“We look forward to a long-term partnership with Fairmount efficiently supplying quality proppant for our customers,” Lanham said.

FTS International provides well-completion services for the oil and gas industry. More information is available at www.ftsi.com.

lgraham@bizpress.net

 

< back

Email   email
hide
Catch
How 'bout them Cowboys?