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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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Norstra Energy names operator for Sun River

 

A. Lee Graham
Reporter
 
lgraham@bizpress.net
 
Norstra Energy Inc. of Southlake has appointed an operator for its South Sun River project in Montana.
Agreeing to serve the role by operating the project’s first three roles is Summit West Oil LLC of Spokane, Wash.
"We are very pleased to secure the services of Summit West Oil LLC," said Norstra president and CEO Glen Landry, commenting in a news release.
"Summit West is an experienced operator, with great industry connections and a very good reputation with the authorities in Montana,” Landry said.
Summit West already served as operator for three wells in Montana in 2012, Landry pointed out.
As part of its newly announced Norstra duties, Summit West will create a cost estimate for drilling and completion expenses of the first well. The firm also will secure drilling subcontractors. The cost estimate, which will include final bids, is expected to be finalized within a month.
During that time, Landry and his technical advisers plan to determine the first drill location based on seismic lines and other technical data. After reviewing previously available seismic line information and meeting with Norstra’s geophysical consultants, the company ordered the prospect’s first targeted seismic data.
After Norstra and its geophysicist determine the first drill location, Norstra will design the drilling pad and start the permitting process.
Norstra Energy Inc. is an oil and gas exploration company with interests spanning more than 10,000 acres in the Bakken Shale in Montana. More information is available at www.norstraenergy.com.
 

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