Quicksilver Gas Services LP (KGS) Announces First Quarter 2008 Results
Quicksilver Gas Services LP (KGS), headquartered in Fort Worth, Texas, gathers and processes natural gas produced from the Barnett Shale geologic formation in the Fort Worth Basin of north Texas. The company began operations in 2004 to provide midstream services primarily to Quicksilver Resources Inc., the owner of the company’s general partner, Quicksilver Gas Services GP LLC, as well as other natural gas producers. Quicksilver recently released first quarter 2008 results. Net income for the first quarter was $2.9M, a three-fold increase as compared to net income of $0.8M in the prior-year same period. Earnings before interest, income taxes, depreciation…