Quicksilver Resources Inc. (fka KWKAQ)

[Talc Moan]

*As of February 14, 2014 (the “ Filing Date ”), certain funds and managed accounts (collectively, the “ Funds ”) affiliated with Mount Kellett Capital Management LP, a Delaware limited partnership (the “ Reporting Person ”), hold an aggregate of 10,703,310 shares of the common stock, par value $0.01 per share (the “ Common Shares ”), of Quicksilver Resources, Inc., a Delaware corporation (the “ Company ”). Based on the Company’s Form 10-Q filed with the U.S. Securities and Exchange Commission on November 6, 2013, as of October 31, 2013, there were 177,115,784 Common Shares issued and outstanding. Accordingly, as of the Filing Date, for the purposes of Rule 13d-3 under the Securities and Exchange Act of 1934, as amended, the Reporting Person is deemed to beneficially own 10,703,310 Common Shares, or 6 .0 % of the Common Shares deemed issued and outstanding. The Reporting Person, through one or more intermediate entities, possesses the sole power to vote and the sole power to direct the disposition of the Common Shares held by the Funds.