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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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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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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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Athlon Energy acquires Midland Basin properties

A. Lee Graham

Reporter

Athlon Energy Inc. has acquired several parcels in the Midland Basin that sees the Fort Worth firm gain additional drilling property primarily on the western side of basin.

The company paid $873 million in cash for land in Martin, Upton, Andrews, and Glasscock counties near the company’s existing operations.

The acquisitions bring the company 23,500 net acres with an average 97 percent working interest, current net production of about 4,800 barrels of oil equivalent per day and total estimated net reserve potential exceeding 250 million barrels of oil equivalent.

The properties will require one vertical rig drilling about 20 wells per year to hold the acreage, according to the company, which expressed confidence that it can achieve through reallocating its existing eight vertical rig fleet. “Today’s acquisitions exemplify Athlon’s core strategy of acquiring only high-quality properties, demanding strong economic returns, and applying extensive technical expertise to exploit our huge resource potential through the drill bit,” stated Bob Reeves, chairman, president and CEO in a news release.

“With our portfolio of premier assets, Athlon is proud to be a top-tier operator with exposure across the entire northern Midland Basin,” Reeves said.

Athlon Energy is an independent exploration and production company that acquires and develops unconventional oil and liquids-rich natural gas reserves in the Permian Basin. More information is available at www.athlonenergy.com

lgraham@bizpress.net

 

 

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