Quicksilver Resources net loss widens to $7.59 million in February

By Caroline Salls

Pittsburgh, March 22 – Quicksilver Resources Inc. reported a $7.59 million net loss for February on $7.82 million in total revenue, according to its monthly operating report filed Tuesday with the Securities and Exchange Commission.

For January, Quicksilver posted a $4.4 million net loss on $8.32 million in total revenue.

The company had $183.98 million in cash and cash equivalents as of Feb. 29, the same as at the end of January.

Quicksilver is a Fort Worth-based independent oil and gas exploration and production company. The company filed for bankruptcy on March 17, 2015 in the U.S. Bankruptcy Court for the District of Delaware under Chapter 11 case number 15-10585.

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