Quicksilver Resources Inc. Q2 2008 Earnings Call Transcript

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2008-08-06 13:12:11.0

Tags: Quicksilver Resources Inc.

Question-and-Answer Session

Operator

(Operator instructions) Your first question comes from the line of Mike Jacobs.

Mike Jacobs

Thank you. Good morning guys.

Glenn Darden

Hi, Mike.

Mike Jacobs

I want to start off with the – I actually have a two-part question. I want to start off with the question on Barnett infrastructure. ETP’s press release yesterday suggested roughly 500 million a day of additional capacity by the first quarter and some Barnett operators have limited production because of infrastructure concerns. Do you have any agreements in place currently to secure additional capacity on the Paris loop [ph]?

Glenn Darden

Mike, we are currently working on that in conjunction with the Alliance acquisition and we have secured sufficient takeaway capacity to more than accommodate that acquisition and expansion in the Lake Arlington area. We haven’t been curtailed yet. We don’t plan to be curtailed in the future. And I think that’s just a result of our team looking ahead of us as to what’s coming. So – but we have a great relationship with ETP and they are working with us very well.

Mike Jacobs

That’s great. And then the follow-up is, do you have any kind of high level thoughts on peak production in terms of when you see production peaking and kind of aggregate amounts, I think we’d all appreciate any high level thoughts you have?

Glenn Darden

You are talking about the overall field?

Mike Jacobs

Right. (inaudible).

Glenn Darden

Just we are seeing numbers – years anywhere from 2013 to 2015. Internally we are projecting roughly in that range about 2014 to 2015 for our peak production. But truly we don’t have as good a handle obviously on the other players.

Mike Jacobs

Thanks, I’ll –

Toby Darden

That being said though, Mike, the technology is still evolving. So we’ve been surprised so far by the robust nature of this play.

Mike Jacobs

Thank you very much.

Operator

Your next question comes from the line of Noel Parks.

Noel Parks – Ladenburg Thalmann

Good morning.

Glenn Darden

Good morning.

Richard Buterbaugh

Good morning.

Noel Parks – Ladenburg Thalmann

Just have a couple of questions. Do you have any update – and excuse me if I missed this because I had to drop off for a minute. On the downspacing in the Horseshoe Basin, and I realize you’ve just been getting back up to speed after the breakup.

Glenn Darden

 

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