Quicksilver Resources sees $68.87 million loss in month ended April 30

By Caroline Salls

Pittsburgh, May 21 – Quicksilver Resources Inc. reported a net loss of $68.87 million for April on $17.83 million of total revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Quicksilver posted a net loss of $57.82 million on total revenue of $12.02 million for the period of March 18 through March 31.

The company had cash and cash equivalents of $183.98 million as of April 30, down from $225.53 million at the end of March.

Quicksilver is a Fort Worth-based independent oil and gas exploration and production company. The company filed for bankruptcy on March 17 under Chapter 11 case number 15-10585.

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