Quicksilver Resources Applies to Cease Reporting in Canada

Mon Jul 6, 2009 4:48pm EDT
 
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  FORT WORTH, TX, Jul 06 (MARKET WIRE) -- 
Quicksilver Resources Inc. (NYSE: KWK) announced today that it has
applied to the Alberta Securities Commission for a decision that it no
longer be a reporting issuer. If the application is approved, Quicksilver
will cease to be a reporting issuer in Canada and, as such, will not be
required to file financial statements and other continuous disclosure
documents with Canadian regulatory authorities. Canadian securityholders
will continue to receive all disclosure materials required under U.S.
securities law and NYSE requirements to be delivered to U.S. resident
securityholders. Such a decision by the Alberta Securities Commission
granting Quicksilver's application will not affect its NYSE listing or
its reporting practices in the United States.

    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.

    KWK 09-10

    

Investor & Media Contact:
Rick Buterbaugh
(817) 665-4835

Copyright 2009, Market Wire, All rights reserved.

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