The company's ability to sell gas at the Station 2 and AECO hubs has not been impacted by the NEB's recommendation, as its acreage is served by existing treating facilities and pipelines which today can accommodate in excess of 1 billion cubic feet per day. Due to the pace of development in the basin by all producers, discounted excess capacity is available in the region to meet Quicksilver's needs.Quicksilver's treating and transportation commitment in the Horn River is scheduled to step up to 100 MMcfd on May 1, 2013, assuming the start-up of a third-party treating facility, where it remains until 2018. The gathering, treating and transportation obligation will remain at the 100 MMcfd gross production level until the next scheduled step-up of the Fortune Creek gathering commitment, which the company has the option to defer to as late as 2018.
Quicksilver Resources Reports Preliminary 2012 Fourth-Quarter And Full-Year Results
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