Published: October 05, 2005
Quicksilver Resources Names New Chief Financial Officer
Quicksilver Resources Inc. (NYSE: KWK) has
appointed Philip W. Cook as senior vice president and chief financial
officer effective October 24, 2005. Bill Lamkin, who is retiring, will be
working with Mr. Cook for a short transition period.
Mr. Cook has extensive experience in the oil and gas business having served
as vice president, controller, and chief information officer of Burlington
Resources. Prior to his work with Burlington Resources, Mr. Cook spent
nine years in public accounting with Coopers & Lybrand. Most recently, Mr.
Cook was the president of EcoProduct Solutions, a Houston-based chemical
company.
Glenn Darden, Quicksilver's president and chief executive officer,
commented, "We look forward to adding Phil to the Quicksilver management
team. His background in accounting and internal controls within the oil
and gas industry makes him a great fit for the company."
About Quicksilver
Fort Worth, Texas-based Quicksilver Resources is a natural gas and crude
oil production company engaged in the development and acquisition of
long-lived natural gas and crude oil properties. The company, widely
recognized as a leader in the development and production of unconventional
natural gas reserves, including coal bed methane, shale gas, and tight
sands gas, is listed on the New York Stock Exchange (KWK). 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,
MGV Energy 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's 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's
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; 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's filings
with the Securities and Exchange Commission.
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