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Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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Westchester Plaza manager says "business as usual" for now

The future of a redevelopment plan for the 50-year-old Westchester Plaza on Fort Worth's Near Southside is unclear.

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Texas jobless rate falls as employers add workers

Texas unemployment fell to 4.3 percent during February for the sixth straight month of declines, the Texas Workforce Commission reported Friday.

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Monty Bennett: Businessman, water district activist

Monty Bennett’s name will not appear on the ballot for the Tarrant Regional Water District board of directors yet he remains a powerful backstage player whose influence could shape the direction of the district’s business for years to come.

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First Titan announces Texas oil and gas acquisitions

 

A. Lee Graham
Reporter

First Titan Corp. is close to acquiring a working interest in about 1,000 acres in Hardin County near Beaumont in East Texas that include petroleum-producing assets.
According to the Bradenton, Fla.-based company, the property could make a profitable addition to its Texas portfolio, which currently includes assets in Terrell County.
“FTTN (First Titan) has plans to capitalize on the incredible growth in Texas oil production as increasing global demand for oil as well as innovations in drilling technology have turned the state’s once-sluggish oil industry into a booming success,” reads part of a company news release.
The company pointed to a recent report in the Wall Street Journal chronicling Texas’ strong energy production growth model, which is outperforming states such as California by a wide margin.
Texas has doubled its oil output since 2005 to pump out nearly two million barrels a day this year, almost 30 percent of total U.S. production.
“That huge number means that Texas is now producing as much oil as the four next-largest producing states combined,” First Titan said. According to Texas Railroad Commissioner Barry Smitherman, who also serves as oil commissioner, the state’s “total (oil) production could double by 2016 and triple by the early 2020s.”
First Titan Corp., through its wholly owned subsidiary, First Titan Energy LLC, develops oil and natural gas resources worldwide. More information is available at www.firsttitanenergy.com.
 

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