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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Dallas developer confirmed to build Walsh Ranch in west Fort Worth

Dallas-based Republic Property Group has been chosen to lead Walsh Ranch development as the 7,200-acre residential community takes shape in west Fort Worth.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Approach Resources reports increased preliminary production
By A. Lee Graham
Approach Resources Inc. of Fort Worth reports 15 percent higher preliminary production in first-quarter 2013 compared to the same period last year.
Preliminary production for first-quarter 2013 reached 754 million barrels of oil equivalent compared to 654 million in first-quarter 2012.
Meanwhile, estimated oil production for first-quarter 2013 surged 63 percent to 310 million barrels compared to 191 million barrels in first-quarter 2012. Estimated first-quarter 2013 production breaks down to 41 percent oil, 28 percent natural gas liquids (NGLs) and 31 percent natural gas. That’s compared to 29 percent oil, 33 percent NGLs and 38 percent natural gas in first-quarter 2012.
Impacting first-quarter 2013 production was a third-party NGL fractionation facility repair and maintenance, which the company said lowered its average volumes by about 6.1 billion barrels of oil equivalent per day beginning the second week of March. As of April 6, 2013, almost all production was back online, the company reported.
More quarterly performance information, including comparisons to fourth-quarter 2012, is expected when the company releases full first-quarter 2013 results on Thursday May 2.
Approach Resources Inc., an independent oil and gas company with core operations, production and reserves in West Texas’ Permian Basin, operates about 148,000 net acres in that region. More information is available at www.approachresources.com.
 
lgraham@bizpress.net
 

 

 

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