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Quicksilver Resources sees $3.86 million loss for month ended May 31
By Caroline Salls
Pittsburgh, June 23 – Quicksilver Resources Inc. reported a net loss of $3.86 million for May on $17.64 million in total revenue, according to its monthly operating report filed June 22 with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, Quicksilver posted a $68.87 million net loss for April on total revenue of $17.83 million.
The company had cash and cash equivalents of $185.95 million as of May 31, up from $183.98 million at the end of April.
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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