Quicksilver Resources Inc.
NYSE : KWK

Quicksilver Resources Inc.

January 08, 2007 13:19 ET

Quicksilver Resources Announces Promotion

FORT WORTH, TX--(CCNMatthews - January 08, 2007) - Quicksilver Resources Inc. (NYSE: KWK) announces the promotion of MarLu Hiller to Vice President - Treasurer effective January 1, 2007. Ms. Hiller's responsibilities will include the treasury functions and the internal audit function.

Ms. Hiller originally joined Quicksilver Resources in August of 1999 as Director of Financial Reporting and Planning and was named Treasurer in May of 2000. She is a Certified Public Accountant with over 21 years of experience in public and oil and gas accounting and finance. After working with Ernst & Young for three years, she was employed by Union Pacific Resources from 1988 to 1999 holding various positions in the accounting group.

Glenn Darden, Quicksilver's President and Chief Executive Officer, stated, "Quicksilver has grown in size and complexity over the last several years and the responsibilities of Treasurer have continued to increase. We are pleased to recognize MarLu's contributions to the company's performance with this promotion, and we look forward to her continued leadership."

About Quicksilver Resources

Fort Worth, Texas-based Quicksilver Resources is a natural gas and crude oil production company engaged in the development and production of unconventional natural gas reserves, including coal bed methane, shale gas, and tight sands gas. It has U.S. offices in Fort Worth, Texas; Granbury, Texas; Gaylord, Michigan; Corydon, Indiana and Cut Bank, Montana. Quicksilver also has a Canadian subsidiary, Quicksilver Resources Canada Inc., located in Calgary, Alberta. For more information about Quicksilver Resources, visit www.qrinc.com.

The statements in this press release regarding future events, occurrences, circumstances, activities, performance, outcomes and results are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although these statements reflect the current views, assumptions and expectations of Quicksilver Resources' management, the matters addressed herein are subject to numerous risks and uncertainties, which could cause actual activities, performance, outcomes and results to differ materially from those indicated. Factors that could result in such differences or otherwise materially affect Quicksilver Resources' financial condition, results of operations and cash flows include: changes in general economic conditions; fluctuations in natural gas and crude oil prices; failure or delays in achieving expected production from natural gas and crude oil exploration and development projects; uncertainties inherent in estimates of natural gas and crude oil reserves and predicting natural gas and crude oil reservoir performance; effects of hedging natural gas and crude oil prices; competitive conditions in our industry; actions taken by third-party operators, processors and transporters; changes in the availability and cost of capital; operating hazards, natural disasters, weather-related delays, casualty losses and other matters beyond our control; the effects of existing and future laws and governmental regulations; and the effects of existing or future litigation; as well as other factors disclosed in Quicksilver Resources' filings with the Securities and Exchange Commission.

Contact Information

  • INVESTOR RELATIONS:
    Quicksilver Resources Inc.
    Diane Weaver
    (817) 665-4834

Multimedia