Quicksilver Resources reports net loss of $5.06 million during August

By Mark Reccek

Bethlehem, Pa., Sept. 22 – Quicksilver Resources, Inc. marked a net loss of $5.06 million for August on $16.05 million in total revenue, according to its monthly operating report filed Sept. 21 with the U.S. Bankruptcy Court for the District of Delaware.

In July, Quicksilver reported a $5.09 million net loss on $16.86 million in total revenue.

The company also held cash and cash equivalents of $162.91 million as of Aug. 31, down from $163.78 million as of July 31.

Quicksilver is a Fort Worth-based independent oil and gas exploration and production company. The company filed for bankruptcy on March 17, 2015 under Chapter 11 case number 15-10585.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.