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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.