Key Developments: Quicksilver Resources Inc (KWK.N)
19 Sep 2014
Latest Key Developments (Source: Significant Developments)
TOKYO GAS CO LTD's Sub-subsidiary Signs Contract to Acquire Stake in Gas Development Business from Quicksilver Resources Inc.
TOKYO GAS CO LTD announced that its sub-subsidiary, TG Barnett Resources LP, has signed a contract with Quicksilver Resources Inc., to acquire a 25% stake in the gas development business in Barnet Basin, Texas, United States, for USD 485 million. Full Article
Quicksilver Resources Inc announced that for first quarter of 2013, it expects average daily production volume to be 360 - 365 MMcfe per day, and fiscal 2013 production volume is expected to be 335 - 345 MMcfe per day, originating as follows: 65% in the Barnett Shale, 33% in Canada, and 2% in other U.S. basins. Average daily production volumes are expected to consist of 82% natural gas and 18% natural gas liquids and crude oil. Full Article
Quicksilver Resources Inc announced that for fourth quarter of 2012, it expects daily production volume to be 330-340 MMcfe per day, resulting in fiscal 2012 average production volume at 350-365 MMcfe per day. Full Article