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Quicksilver Ups Ante in Horn River; Eyes JV
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Quicksilver Resources Inc. has reported its first quarter 2013 Canadian Horn River Basin results.
The company began ramping up production from its Horn River Basin Asset in mid-December 2012. Due to limitations of surface equipment and water disposal, gross production is currently at 87 MMcfd, which is sourced from eleven of the twelve wells capable of production.
Quicksilver's treating commitment in the Horn River stepped up to 100 MMcfd on May 1, 2013 after a third-party treating facility was commissioned. This commitment will remain at the 100 MMcfd gross production level until May 1, 2018.
The company continues work toward a potential joint venture in the Horn River Basin, with the downstream marketing of the gas a top priority.
Production from Horseshoe Canyon was 51 MMcfd during the…
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