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News Breaks
March 15, 2013
17:28 EDTKWKQuicksilver Resources to restate Q1, Q2, Q3 results from FY12
Quicksilver Resources disclosed in a regulatory filing that on March 15 the audit committee of the board, after consultation with management, concluded that our previously-filed condensed consolidated financial statements contained in our quarterly reports for the periods ended March 31, 2012, June 30, 2012, and September 30, 2012, should be restated and should no longer be relied upon due to non‑cash related errors to derivative accounting treatment. The company expects to file its 2012 Form 10-K during the week of March 18, which will include restated financial statements as of and for each of the interim reporting periods.
News For KWK From The Last 14 Days
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November 10, 2014
07:23 EDTKWKQuicksilver Resources sees Q4 average daily production volume 238-242 MMcfe
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07:22 EDTKWKQuicksilver Resources to continue exploring avenues to address capital structure
In September, Quicksilver appointed John Little as Strategic Alternatives Officer pursuant to an engagement agreement between Quicksilver and Deloitte Transactions and Business Analytics LLP. Mr. Little reports to the Board and, in collaboration with Quicksilver's management team, assists Quicksilver in exploring, evaluating and implementing strategic and tactical initiatives. The company also retained Houlihan Lokey Capital, Inc. to lead a broad and more formalized process to market Quicksilver's assets. The company continues to explore several avenues to address its capital structure, including the stated and springing maturities. The company is in frequent discussions with certain of the security holders regarding possible paths to be undertaken.
07:21 EDTKWKQuicksilver Resources sees Q4 CapEx $22M-$27M
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07:21 EDTKWKQuicksilver Resources reports Q3 production 22.6 Bcfe
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07:20 EDTKWKQuicksilver Resources reports Q3 adjusted EPS (7c), consensus (8c)
Reports Q3 total revenue $163.5M, consensus $109.65M; Reports Q3 production revenue $105M.

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