The Barnett MLP has received the green light from the SEC, but we are currently on hold awaiting better marketing conditions. We remain committed to monetizing a portion of the Barnett this year in order to reduce company debt and whether that comes in the form of the MLP or perhaps an asset sale will depend on value.Moving to Canada, the Horn River Basin is looking very, very good. It appears that we are in an excellent area of the Basin geologically with well-developed sections of both the Muskwa and Klua formations in the Devonian section which exceed 520 feet of combined thickness. Our first multi-well drilling pad alternated Muskwa and Klua wells so that no completed section was closer than 1,200 feet to the next comparable well. From previous results, we have recognized the tremendous potential of the Muskwa, and with this new pad coming on line, we see the capability of the lower Klua section to be as strong or stronger.
Quicksilver Resources' CEO Discusses Q2 2012 Results - Earnings Transcript
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