SOURCE: Quicksilver Gas Services LP

July 15, 2008 17:00 ET

Quicksilver Gas Services LP Increases Quarterly Distribution 11%

Announces Earnings Release and Investor Call

FORT WORTH, TX--(Marketwire - July 15, 2008) - Quicksilver Gas Services LP (NYSE Arca: KGS) announced today that the board of directors of its general partner has declared a cash distribution of $.35 per common unit for the 2008 second quarter, an increase of 11% from the prior-quarter rate. This distribution will be paid August 14, 2008 on all common unit holders of record as of the close of business on July 31, 2008.

Quicksilver Gas Services expects to announce its financial results for the second quarter of 2008 on Wednesday, August 6, 2008, 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 39787132, 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 39787132. The replay will also be archived for 30 days on the company's website.

About Quicksilver Gas Services

Quicksilver Gas Services LP is a midstream master limited partnership engaged in the business of gathering and processing natural gas produced from the Barnett Shale formation in the Fort Worth Basin in north Texas. Headquartered in Fort Worth, the company's predecessors began operations in 2004 to provide midstream services primarily to Quicksilver Resources Inc. For more information about Quicksilver Gas Services, visit www.kgslp.com.

KGS 08-06

Contact Information

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