2011年2月28日星期一

Quicksilver Resources' CEO Discusses Q4 2010 Results - Earnings Call Transcript

Philip Cook - Chief Financial Officer and Senior Vice President

Thomas Darden - Chairman of the Board, Chairman of the Board of MSR, Chief Executive

Officer of MSR and President of MSR

Glenn Darden - Chief Executive Officer, President and Director

Richard Buterbaugh - Vice President of Investor Relations & Corporate Planning

Richard Buterbaugh

Thank you, Rachel and good morning. Joining me once again today are Toby Darden,

Chairman of Quicksilver Resources; Glenn Darden, President and Chief Executive Officer;

and Phil Cook, Senior Vice President and Chief Financial Officer.

This morning, the company issued a press release detailing Quicksilver's results for

the fourth quarter of 2010. If you do not have a copy of the release, you may retrieve

a copy on the company's website at www.qrinc.com under the News and Updates tab.

During today's call, the company will be making forward-looking statements which are

subject to risks and uncertainties. Actual results might differ materially from those

projected in these forward-looking statements. Additional information concerning risk

factors that could cause such differences is detailed in the company's filings with the

SEC.

2011年2月22日星期二

Quicksilver: Record 2010 production, reserves

Quicksilver Resources, a natural gas and oil producer based in Fort Worth, said today

that it achieved record production and reserves in 2010, based on preliminary operating

results as of Dec. 31.

The company said its production totaled the equivalent of 130 billion cubic feet of

natural gas, or an average equivalent to 355 million cubic feet per day, a 9 percent

increase from the prior year.

Quicksilver said it boosted its reserves by more than 20 percent, to the equivalent of

more than 2.9 trillion cubic feet of gas at year-end. About 90 percent of the reserves

are in North Texas' Barnett Shale, where the company increased reserves by 22 percent,

to the equivalent of 2.6 trillion cubic feet of gas.

 "Quicksilver continued its record of consistently growing production and reserves at

one of the industry's lowest...costs for developed reserves," CEO Glenn Darden said.

"Nearly 25 percent of our reserves are liquids which, when coupled with our low full-

cycle cost structure, enable to company to generate solid margins even in the current

low-price environment of natural gas."

2011年2月21日星期一

Apple’s iPod Classic 5th Most Popular Media Player In 2010

According to The Associated Press, Apple’s black 160GB iPod classic was the fifth top

selling media player in the U.S. last year, indicating that the hard drive-based device

would not way out of Apple’s product array in the proximate future.

Last week, NPD Group declared that by and large portable media player sales listing in

the U.S. last year. The black iPod classic took the fifth spot in the list of the

entire media player sales in the U.S., signifying that Apple’s only left over hard-

drive-based media player yet has a little life in it. The silver iPod classic failed to

make it in the top 10 devices.

Moreover, it is worth noting that sales reported by the market research group are

standing on individual models and colors, so a product array with several colors –

such as the iPod Nano or iPod shuffle — might be weak because of the number of

alternatives. In any case, Apple iPod classic among all media player sales is inspiring

for a product a few have considered to be close to discontinuation for years.