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Quicksilver Resources Announces Promotions

Quicksilver Resources Inc. (NYSE: KWK) announces the promotion of Jeff Cook to executive vice president - operations and John C. (Chris) Cirone to senior vice president - general counsel and secretary.

Jeff Cook originally joined this team as part of Mercury Exploration Company in 1981. While part of Mercury, he became vice president of operations. In July 2000, Jeff became senior vice president - operations of Quicksilver Resources and has been in charge of all oil and gas operations for Quicksilver for the last five years.

Chris Cirone joined Quicksilver in 2002 as vice president, general counsel and secretary. He was formerly employed by Union Pacific Resources from 1978 to 2000 holding various positions in the law department until promoted to manager of land and negotiations. He later became assistant general counsel.

Glenn Darden, Quicksilver's president and chief executive officer, stated, "Both Jeff and Chris have been instrumental in guiding the growth of Quicksilver over the last several years. Jeff has led the effort to expand into new unconventional gas plays in different areas while overseeing all company field operations. Chris has directed the land team which has been very successful on the lease acquisition side in these new plays in addition to his duties as general counsel. These promotions are well deserved."

About Quicksilver Resources

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 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.


Distributed by Market Wire

Tags: ,Energy and Utilities:OilandGas, ,NYSE0001,NYSE0001,TX,FORT WORTH, TX
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