logo


Quicksilver Announces Successful Completion of the Consent Solicitation With Respect to Its 1.875% Convertible Subordinated Debentures Due 2024
Friday, July 31, 2009 5:10 PM


FORT WORTH, TX -- (Marketwire) -- 07/31/09 -- Quicksilver Resources Inc. (NYSE: KWK) announced today the successful completion of its consent solicitation launched on July 22, 2009 associated with its 1.875% Convertible Subordinated Debentures Due 2024. Pursuant to the completion of the consent solicitation, the indenture governing the debentures will be amended to provide Quicksilver with greater strategic and operational flexibility, including greater flexibility to grow and expand the operations of Quicksilver Gas Services Holdings LLC, Quicksilver Gas Services LP, its general partner, Quicksilver Gas Services GP LLC, and its subsidiaries.

The consent solicitation expired at 5:00 p.m., New York City time on July 31, 2009. Quicksilver received the requisite consents for the consent solicitation and has accepted for payment all valid consents received prior to the expiration time.

BofA Merrill Lynch acted as the sole solicitation agent for the consent solicitation. Questions concerning the solicitation should be directed to BofA Merrill Lynch at (888) 292-0070 (toll free) or (980) 388-4603 (collect).

This press release is for information purposes only and is not being made in any jurisdiction in which the making of this announcement would violate the laws of such jurisdiction.

About Quicksilver Resources

Fort Worth, Texas-based Quicksilver Resources is a natural gas and crude oil exploration and production company engaged in the development and acquisition of long-lived, unconventional natural gas reserves, including coalbed methane, shale gas, and tight sands gas in North America. The company has U.S. offices in Fort Worth, Texas; Glen Rose, Texas and Cut Bank, Montana. Quicksilver's Canadian subsidiary, Quicksilver Resources Canada Inc., is headquartered in Calgary, Alberta. For more information about Quicksilver Resources, visit www.qrinc.com.

KWK 09-11

Investor & Media Contact:
Quicksilver Resources Inc.
Rick Buterbaugh
(817) 665-4835

(Source: Market Wire )


(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia