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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Basic Energy sells inland rig fleet in $19M deal

A. Lee Graham

Reporter

Basic Energy Services Inc. of Fort Worth has sold its four inland barge workover rigs and related equipment for about $19 million to a private buyer.

According to the company, the transaction’s impact on revenue and earnings for 2014 will be “negligible.”

Citing dwindling numbers of active customers and limited growth opportunities in the inland workover barge market, president and CEO Roe Patterson said the firm will spend its money elsewhere.

“We intend to reinvest the proceeds from this transaction to expand our higher growth, core service lines during 2014,” Patterson said in a news release.

Basic Energy Services, which provides oil and gas well-site services, employs more than 5,500 workers in Texas, Louisiana, Oklahoma, New Mexico, Arkansas, Kansas and the Rocky Mountain and Appalachian regions. More information is available at www.basicenergyservices.com.

lgraham@bizpress.net 

 

 

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