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News Breaks | | | | February 25, 2013 | | 07:38 EDT |  | KWK | Quicksilver Resources reports preliminary Q4 adjusted EPS (1c), consensus 1c
Reports preliminary Q4 revenue $179.07M, consensus $168.69M. Q4 production was 31.5 Bcfe, or an average of 342 MMcfed. Production from the company's Barnett Shale was 22.7 Bcfe, or 247 MMcfed, which is down 6% from the previous quarter due to a reduction in capital activity. Production from Canada was 8.5 Bcfe, or 92 MMcfed, which was substantially less than the productive capabilities of the asset, as Horn River volumes were restricted by approximately 50% during most of the fourth quarter due to the continued delays in commissioning of a third-party treating facility. In mid-December, the company began ramping up Horn River production to 100 MMcfd of raw gas after it secured alternative treating and transportation arrangements on an interim and interruptible basis. | |
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News For KWK From The Last 14 Days Check below for free stories on KWK the last two weeks. |
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| May 16, 2013 | | 17:21 EDT |  | KWK | WhiteWave Foods to be added to S&P 400; Quicksilver Resources deleted on 5/23
Quicksilver Resources (KWK) is ranked 400th in the S&P MidCap 400 and is no longer representative of the midcap market space. | | | 08:33 EDT | | KWK | Quicksilver Resources Chairman Thomas Darden to retire
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