Quicksilver Resources Inc.

Quicksilver Resources Inc.

March 21, 2007 10:59 ET

Quicksilver Resources Names New Investor Relations Officer

FORT WORTH, TX--(CCNMatthews - March 21, 2007) - Quicksilver Resources Inc. (NYSE: KWK) announced that Richard (Rick) C. Buterbaugh has joined the organization as Vice President - Investor Relations and Corporate Planning effective March 19th. Buterbaugh will be located in Quicksilver's Fort Worth headquarters.

Buterbaugh, 52, previously was Vice President - Corporate Planning for Kerr-McGee Corp. He brings more than 25 years of experience in oil and gas corporate finance and accounting.

"We are very excited to add Rick to Quicksilver's management team," said Glenn Darden. "Rick's extensive experience within the oil and gas industry and its financial community makes him a great addition for our company."

About Quicksilver

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.

Forward-Looking Statements

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/Media Contacts:
    Quicksilver Resources Inc.
    Rick Buterbaugh
    (817) 665-4835
    Diane Weaver
    (817) 665-4834