Quicksilver sees $10 million net loss in June, revenue of $17 million

By Kali Hays

New York, July 21 – Quicksilver Resources Inc. marked a net loss of $10.08 million for June on $16.87 million in total revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

For May, Quicksilver reported a net loss of $3.86 million on total revenue of $17.64 million.

The company also held cash and equivalents of $178.03 million as of June 30, dropping from $185.95 million at the end of May.

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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