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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

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Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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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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