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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Barnett still packs economic punch, study finds

Despite reduced drilling and unstable gas prices, Fort Worth continues reaping the rewards of the Barnett Shale, according to a newly released study by The Perryman Group.7

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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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GreenHunter Resources reports 2Q revenue surge

A. Lee Graham

Reporter

GreenHunter Resources Inc. of Grapevine has reported second-quarter revenues at $6.9 million, 18 percent higher than $5.8 million in the same period last year.

The water resources firm also reported total disposal volumes from continuing operations as 80 percent higher in the three months ended June 30, 2014 at 975,000 barrels injected compared to 543,000 in the same period last year as the company strengthens its position as an owner and operator of commercial saltwater disposal wells in the Marcellus and Utica shale plays in the Appalachia region.

The quarter also saw GreenHunter complete the necessary permit application to construction permanent barge trans-loading and bulk storage facilities for oilfield brine and condensate in the same region.

Meanwhile, the firm reported positive earnings before interest, taxes, depreciation and amortization at $447,000 for the quarter. It reduced its working capital deficit by 55 percent from $9.7 million as of Dec. 31, 2013 to $4.4 million as of June 30, 2014, a drop of $5.3 million. The quarter also saw the firm form a new hydrocarbons division to complement its total fluids management solutions operation in the Marcellus and Utica plays.

One-time start-up costs related to the division, as well as a new environmental solutions division, and costs associated with relocating equipment from its South Texas divisions, where it has ceased operations, to Appalachia, totaled about $110,000.

GreenHunter Resources Inc. is a diversified renewable energy company focused primarily on water resource management in oil and shale resource plays. More information is available at www.greenhunterenergy.com

lgraham@bizpress.net

 

 

 

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