SOURCE: Quicksilver Gas Services LP

Quicksilver Gas Services LP

April 19, 2010 15:12 ET

Quicksilver Gas Services Announces 2010 First-Quarter Distribution

Announces Earnings Release and Investor Call

FORT WORTH, TX--(Marketwire - April 19, 2010) - Quicksilver Gas Services LP (NYSE: KGS) announced today that the board of directors of its general partner has declared a cash distribution of $.39 per common unit for the 2010 first quarter. This distribution will be paid May 14, 2010 on all common units to holders of record as of the close of business on May 4, 2010. 

Quicksilver Gas Services expects to announce its financial results for the first quarter of 2010 on Monday, May 10, 2010, before the market opens. The company will host a conference call for investors and analysts at 10:00 a.m. eastern time that day to discuss the operating and financial results. Quicksilver invites interested parties to listen to the call via the company's website at www.kgslp.com or by calling 1-877-313-7932, using the conference ID number 44422035, approximately 10 minutes prior to the call. A digital replay of the conference call will be available at 3:00 p.m. eastern time the same day and will remain available for 30 days. The replay can be accessed at 1-800-642-1687 and reference should be made to the conference ID number 44422035. The replay will also be archived for 30 days on the company's website.

This announcement is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b), with 100% of the partnership's distributions to foreign investors attributable to income that is effectively connected with a United States trade or business. Accordingly, Quicksilver Gas Services' distributions to foreign investors are subject to federal income tax withholding at the highest effective rate.

About Quicksilver Gas Services

Fort Worth, Texas-based Quicksilver Gas Services is a growth-oriented limited partnership in the business of gathering and processing natural gas produced from the Barnett Shale geologic formation in the Fort Worth Basin of north Texas. The company began operation in 2004 to provide these services to Quicksilver Resources Inc., which owns our general partner. For more information about Quicksilver Gas Services, visit www.kgslp.com.

KGS 10-05

Contact Information

  • Investor and Media Contact:
    Rick Buterbaugh
    817-665-4835