-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SQCYt9S8ObgS+RiXoZWHklGGRlIHi5Xsd0xNPkz+bhlH5HuHSiHwBFFm1H9g89pv zC3ohyZHNsTe0+HINksOpA== 0001389030-08-000007.txt : 20081120 0001389030-08-000007.hdr.sgml : 20081120 20081120163519 ACCESSION NUMBER: 0001389030-08-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20081120 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081120 DATE AS OF CHANGE: 20081120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Quicksilver Gas Services LP CENTRAL INDEX KEY: 0001389030 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 562639586 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33631 FILM NUMBER: 081204247 BUSINESS ADDRESS: STREET 1: 777 WEST ROSEDALE STREET CITY: FORT WORTH STATE: TX ZIP: 76104 BUSINESS PHONE: (817) 665-8620 MAIL ADDRESS: STREET 1: 777 WEST ROSEDALE STREET CITY: FORT WORTH STATE: TX ZIP: 76104 8-K 1 form8-k.htm QUICKSILVER GAS SERVICES LP CURRENT REPORT ON FORM 8-K form8-k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
_______________
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
 
Date of report (Date of earliest event reported): November 20, 2008
 
 
QUICKSILVER GAS SERVICES LP
(Exact Name of Registrant as Specified in Charter)
 
Delaware
 
001-33631
 
56-2639586
(State or Other Jurisdiction of Incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
777 West Rosedale Street
Fort Worth, Texas 76104
(Address of Principal Executive Offices) (Zip Code)
 
 
Registrant’s telephone number, including area code: (817) 665-8620
 
_______________
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 
Item 8.01. 
  Other Events.
 
On November 20, 2008, Quicksilver Gas Services LP issued a press release announcing its 2009 capital budget.  A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
 
 
Item 9.01. 
  Financial Statements and Exhibits.
 
  (d) Exhibits.
 
Exhibit Number
 
Description
 
 
 
 
 



SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
QUICKSILVER GAS SERVICES LP
     
 
 By:
 Quicksilver Gas Services GP LLC,
     its General Partner
     
 
 By:
/s/ Thomas F. Darden
   
Thomas F. Darden
   
President and
   
Chief ExecutiveOfficer
 
 
Date: November 20, 2008
 



Index to Exhibits
 

Exhibit Number
 
Description
 
   
 
EX-99.1 2 ex99_1.htm QUICKSILVER GAS SERVICES LP PRESS RELEASE DATED NOVEMBER 20, 2008 ex99_1.htm
 
 
Exhibit 99.1    
      
    
N e w s   R e l e a s e  
      
        QUICKSILVER GAS SERVICES LP    
        777 West Rosedale Street    
Fort Worth, TX  76104    
www.kgslp.com    
      

 
Quicksilver Gas Services Announces 2009 Capital Budget

FORT WORTH, TEXAS, (November 20, 2008) – Quicksilver Gas Services LP (NYSE Arca: KGS) announced that its board of directors has approved a capital expenditure budget of $35 million for 2009.  The 2009 capital expenditure budget includes approximately $15 million for the construction of pipelines, gathering systems and well connections, $16 million for compression and $4 million associated with its natural gas processing plants.

“Prior investment in our plant and pipeline infrastructure has put the company in the enviable position that supports ongoing growth with minimal capital expenditures,” said Toby Darden, Quicksilver Gas Services president and chief executive officer.  “Our newest processing plant is expected to be completed in the first quarter of 2009 allowing for added throughput from Quicksilver Resources and other third-party producers.”

In addition, Quicksilver Resources Inc. (NYSE: KWK) has approved pipeline-related capital expenditures associated with the Fort Worth Basin of approximately $80 million for 2009.  Quicksilver Gas Services will operate the majority of these assets on behalf of Quicksilver Resources and may acquire these assets over time.

About Quicksilver Gas Services

Fort Worth, Texas-based Quicksilver Gas Services is a growth-oriented limited partnership in the business of gathering and processing natural gas produced from the Barnett Shale geologic formation in the Fort Worth basin of north Texas.  The company began operation in 2004 to provide these services to Quicksilver Resources Inc., which owns our general partner.  For more information about Quicksilver Gas Services, visit www.kgslp.com.


Forward-Looking Statement
The statements in this news release regarding future events, occurrences, circumstances, activities, performance, outcomes and results are forward-looking statements.  Although these statements reflect the current views, assumptions and expectations of Quicksilver Gas Services LP’s management, the matters addressed herein are subject to numerous risks and uncertainties, which could cause actual activities, performance, outcomes and
 
 
 
 
-more-

 
 
NEWS RELEASE
Page 2 of 2

results to differ materially from those indicated.  Factors that could result in such differences or otherwise materially affect Quicksilver Gas Services LP’s financial condition, results of operations and cash flows include:  changes in general economic conditions; fluctuations in natural gas prices; failure or delays in Quicksilver Resources Inc. and third parties achieving expected production from natural gas projects; competitive conditions in our industry; actions taken or non-performance by third-party suppliers, contractors, operators, processors, transporters and customers; changes in the availability and cost of capital; operating hazards, natural disasters, weather-related delays, casualty losses and other matters beyond our control; construction costs or capital expenditures exceeding estimated or budgeted costs or expenditures; the effects of existing and future laws and governmental regulations; the effects of future litigation; and other factors disclosed in Quicksilver Gas Services LP’s filings with the Securities and Exchange Commission.  Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.



Investor and Media Contact
Rick Buterbaugh
817-665-4835
 

 

 
KGS 08-11
 
 
-end-

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