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KeyBanc Report: Quicksilver Resources’ Bone Spring, Horn River Basin Results Encouraging

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By Larry Prado, Hart Energy Activity Editor
August 28, 2012

According to a KeyBanc Capital Markets report on Fort Worth, Texas-based Quicksilver Resources Inc., the company has re-entered Price Ranch #1 in Pecos County, Texas. Quicksilver plans to drill a 1,500-foot lateral into 3rd Bone Spring in the Delaware Basin and complete the well with six stages of fracture stimulation.

The well had an initial production rate of 300 barrels of oil equivalent per day and averaged 200 barrels of oil equivalent per day during 10 days of production. The Price Ranch #1 has a projected depth of 9,500 feet ...

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