% | $
Quotes you view appear here for quick access.

Quicksilver Resources, AŞ Message Board

  • aruba270155 aruba270155 Aug 23, 2013 8:30 AM Flag

    I think it will be around $ 40 to 60 mln.

    The co said it will increase it's capex by around $ 20 mln and that the sale proceeds of these assets would be used to cover this increase. What KWK needs to do is increase it's drilling program to increase it's proven reserves and it's production. If they think that these assets are worth much more then $ 40 to 60 mln it would seem logical to expect a bigger capex increase. All IMHDO.

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Lets see how this calculates out. 1/2 of 2M BO proved plus acreage: 50%of $75per B x 2M = $75M plus acreage at $125 per acre is $92.9M. Montanna sells for $90M. CC stated it would be a combination of proved plus potential. I'll guess $90M. Now the two to three deals in West Tex are a definetly up for grabs considering the major players producing around our acreage and the rates of oil their obtaining/extracting. These deals could be just as much. HRB is all over the map. 14TCF is in the stratosphere. An Asian company having to purchase NG for $16 over the last decade and this property available for a JV could stretch the deal higher than anticipation. I cant touch that one.

    • this is regarding the montana assets up for sale

      Sentiment: Hold

0.1460.000(0.00%)Mar 13 3:59 PMEDT