Looks like Quicksilver continues to flounder. I really think ARP is going to make a play for their Barnet assets, or at leas a portion of them.
They would dovetail nicely with the Carrizo, Titan and DTE assets.
KWK is really in a tight spot. I don't thin they go bankrupt, but they will need to divest al of their Barnett holdings to reduce debt and they will likely need to divest their Permian assets to raise cash to finance the Niobrara and the Canadian Horn River acreage.
I think ARP gets a decent deal and we get a nice long term call option on gas prices rising by having several thousand potential futue well locations all largely held by productio.