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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

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Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

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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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Quicksilver to partner with Eni in Delaware Basin

 

Fort Worth independent oil and gas company Quicksilver Resources Inc. said Nov. 5 it has entered into an agreement with Eni to jointly evaluate, explore and develop 52,500 gross acres in the Delaware Basin currently held by Quicksilver in the Leon Valley area located in Pecos County, Texas.
Under the terms of the agreement Eni will pay up to $52 million representing 100 percent of drilling, completion and seismic costs to earn a 50 percent interest in Quicksilver’s Pecos County acreage.


The investment by Eni will occur in three phases with the first phase covering the drilling and completion of up to three wells beginning by June 2014. The agreement also provides that, upon funding of the first phase, Eni will earn 50 percent of Quicksilver’s interest in a 7,500 gross-acre tract also located in the Leon Valley area.
Eni will then have the option to fund the drilling and completion of two additional wells and commit to a 3-D seismic survey in order to fully earn a 50 percent interest in Quicksilver’s Pecos County acreage.


After Eni’s $52 million investment, both companies will share equally in all future revenue, operating costs and capital expenditures.
The two companies also will pursue additional opportunities in Pecos and Reeves counties.
“We are pleased to expand Quicksilver's working relationship with Eni to our West Texas project,” said Glenn Darden, president and CEO of Quicksilver Resources. “Eni has been an excellent partner who has helped us enhance the recovery of the gas reserves in the Alliance area of our Barnett development, and we look forward to success on the oil side in the Delaware Basin.”


Quicksilver’s common stock is traded on the New York Stock Exchange under the symbol “KWK.” For more information about Quicksilver Resources, visit www.qrinc.com. - Betty Dillard
 

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