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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Fort Worth TIF approves incentives for Westchester Plaza redevelopment, second 217-unit apartment property

A California REIT plans to buy the 50-year-old Westchester Plaza, demolish it, and redevelop the site with apartments, retail, medical-office, and parking.

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Energy & Exploration partners buy Chesapeake Woodbine holdings

A. Lee Graham

Energy & Exploration Partners Inc. of Fort Worth has acquired 57,275 net acres and 11 producing wells in the Woodbine-Eagle Ford play in East Texas from a subsidiary of Chesapeake Energy Corp.

The transaction was financed with by senior unsecured notes to Highbridge Principal Strategies and Apollo Investment Corp.

"Energy & Exploration is pleased to have partnered with Highbridge and Apollo to acquire Chesapeake's Woodbine acreage," said Hunt Pettit, founder and CEO of Energy & Exploration Partners, commenting in a news release.

"We plan to commence a two-rig drilling program on the acreage acquired from Chesapeake," Pettit said.

Energy & Exploration Partners owns an additional 14,600 net acres in the Woodbine-Eagle Ford play. The Fort Worth company locates, develops, produces and markets oil and natural gas in Texas and the Rocky Mountains. More information is available at www.enexp.com.

 

lgraham@bizpress.net

 

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?