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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

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Quicksilver closes sale of Sand Wash Basin holdings

Fort Worth-based Quicksilver Resources Inc. said May 1 it closed on the previously announced sale to Southwestern Energy Production Co. of its jointly owned holdings with SWEPI LP in the Sand Wash Basin for gross cash proceeds of $180 million.
Quicksilver received total cash proceeds of $93.5 million, which includes a deposit of $4.5 million received on March 4, 2014, when the agreement was executed.
The effective date of the sale is Jan. 1, 2014. Quicksilver’s first-quarter 2014 results will not include the impact of this transaction as the sale was reflected on the date proceeds were received, in accordance with accounting rules.
The sale is not expected to create income effects.


Quicksilver Resources is a publicly traded independent oil and gas company engaged in the exploration, development and acquisition of oil and gas, primarily from unconventional reservoirs including shales and coal beds in North America.
Quicksilver’s Canadian subsidiary, Quicksilver Resources Canada Inc., is headquartered in Calgary, Alberta.
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
bdillard@bizpress.net
 

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