Quicksilver Resources Inc. (KWK) said that its first completed well in the Horn River Basin in Northeast British Columbia tested at an initial production rate of 13 million cubic feet per day.
This initial horizontal well, the D-50A well, was drilled into the Muskwa shale formation with approximately 3,500 feet of lateral and 10 stages of fracture stimulation and has averaged approximately 10 million cubic feet per day during the first month of production.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.