All Posts Tagged With: "KWK"
(KWK) Quicksilver Resources Sells More BreitBurn Energy Partners Units
Quicksilver Resources Inc. (KWK) made a public offering of around 6.97 million units of BreitBurn Energy Partners L.P. (BBEP). Quicksilver will allow the underwriters of the issue a window of 30 days to purchase up to 1,045,177 additional common units to cover over-allotments,...
30Nov2011 | vitalstocks | 0 comments | Continued(PBR) Oil Industry Mergers and Acquisitions 2011
by Justin Dove, Investment U Research Monday, September 12, 2011 Oil Services Industry Set for “Gusher Of Profits” As Ian Cooper’s recent article for Wealth Daily stated, the world isn’t necessarily running out of oil. It’s running out of “easy to get” oil. Oil...
14Sep2011 | InvestmentU | 0 comments | Continued(KWK) Quicksilver Resources Buys More Shares in Lake Arlington
Quicksilver Resources Inc. (KWK) announced today that it has acquired additional interests in the company’s operated Lake Arlington project in Tarrant County, Texas from a private party for $62 million in cash. The acquisition represents roughly 25% working interest in...
17May2010 | vitalstocks | 0 comments | Continued(KGS) Quicksilver Gas Services L.P. Buys Alliance Assets
Recently, Quicksilver Gas Services L.P. (KGS) bought the Alliance midstream gathering and treating assets from Quicksilver Resources Inc. (KWK) for a total purchase price of approximately $95 million. The purchase was funded through draws on the company’s senior secured...
8Jan2010 | vitalstocks | 0 comments | Continued(KGS) Quicksilver Gas Services LP Sees Volume Growth in 2010
Quicksilver Gas Services LP (KGS) recently announced that it will gather and process greater volumes of natural gas in 2010, compared to 2009 levels, due to its recent acquisition of the Alliance midstream assets from its parent company, Quicksilver Resources Inc. (KWK). Quicksilver...
27Dec2009 | vitalstocks | 0 comments | Continued(KWK) Quicksilver Resources Hikes Outlook
Quicksilver Resources Inc. (KWK) announced its 2010 capital expenditure (capex) plans of $540 million and expected 20% increase in 2010 production volumes. Quicksilver Resources also said it has agreed to sell its midstream gathering and treating assets associated with the Alliance...
11Dec2009 | vitalstocks | 0 comments | Continued(KWK) Court Ruling Favors Quicksilver Resources
The 48th District Court in Tarrant County, Texas, yesterday passed a ruling in favor of Quicksilver Resources Inc. (KWK), denying the Motion for Partial Summary Judgment filed by BreitBurn Energy Partners L.P. (BBEP). Quicksilver had brought a suit against BreitBurn and others alleging...
29Nov2009 | vitalstocks | 0 comments | Continued(KWK) Quicksilver Resources Profits Above Consensus Estimates
Quicksilver Resources Inc. (KWK) posted third quarter 2009 earnings of 25 cents per share, slightly above the Zacks Consensus Estimate of 21 cents. However, results dropped versus last year’s earnings of 40 cents. Total revenues in the quarter declined 13% year over year to...
10Nov2009 | vitalstocks | 0 comments | Continued(KWK) Quicksilver Resources’ Borrowing Base Approved
Quicksilver Resources Inc. (KWK) recently announced that its bank group has confirmed a borrowing base of $1 billion for the company’s senior secured revolving credit facility, based upon oil and gas reserves as of Aug 31, 2009. The company has $500 million drawn under...
26Oct2009 | vitalstocks | 0 comments | Continued(KWK) Quicksilver’s Horn River Basin Tests Positive
Quicksilver Resources (KWK) recently tested its first completed well in the Horn River Basin in Northeast British Columbia. The well had an initial production rate of 13 million cubic feet per day and averaged 10 million cubic feet per day during the first month of production. The...
24Sep2009 | vitalstocks | 0 comments | Continued