Quicksilver Resources Inc. is an exploration and production company engaged in the development and production of long-lived natural gas and oil properties onshore North America. Based in Fort Worth, Texas, the company is widely recognized as a leader in the development and production of unconventional natural gas reserves including shale gas, coal bed methane and tight sand gas. Following more than 30 years of operating as a private company, Quicksilver became public in 1999 and is listed on the New York Stock Exchange under the ticker symbol KWK. The company has U.S. offices in Fort Worth, Texas; Glen Rose, Texas and Cut Bank, Montana. The company’s Canadian subsidiary, Quicksilver Resources Canada Inc., is headquartered in Calgary, Alberta.
Quicksilver Resources, through affiliates, is the general partner of and owns approximately 73% of Quicksilver Gas Services LP, a midstream master limited partnership engaged in gathering and processing natural gas produced from the Barnett Shale formation in the Fort Worth Basin of north Texas. Quicksilver Gas Services was spun out from Quicksilver Resources in August 2007 and is listed on the New York Stock Exchange under the ticker symbol KGS.
Quicksilver also owns approximately 40% of BreitBurn Energy Partners L.P., an independent oil and gas limited partnership traded on NASDAQ under the ticker symbol BBEP. In November 2007, Quicksilver contributed its oil and gas properties in Michigan, Indiana and Kentucky to BreitBurn in exchange for cash and approximately 21.3 million units in BBEP.
777 West Rosedale Suite 300 Fort Worth, TX 76104 (817) 665-5000 (817) 877-8959 rbuterbaugh@qrinc.com http://www.qrinc.com Operations
We focus on development of unconventional gas reservoirs found in fractured shales, coal seams and tight sands. Quicksilver's three productive hydrocarbon basins (Texas, Rocky Mountains and Alberta) are all unconventional natural gas plays at different stages of maturity, development and production running the gamut from high-growth potential to long-term sustained production with established infrastructure and facilities.
Marketing and Midstream
The majority of our production from the Fort Worth Basin is gathered and processed by Quicksilver Gas Services LP (NYSE – KGS), a limited partnership in which we own approximately 73% of the partnership interests, including 100% of the general partner.