Quicksilver Resources granted exclusivity extension to file Chapter 11 plan, solicit votes

By Sheri Kasprzak

New York, June 2 – Quicksilver Resources, Inc. received an extension of its exclusive periods to file and solicit votes for its Chapter 11 plan, according to an order filed June 2 with the U.S. Bankruptcy Court for the District of Delaware.

The company will now have until Aug. 20 to file its plan and Sept. 10 to solicit votes on the plan.

Quicksilver said in its motion requesting the extension that it needs to fourth extension to fully effect an orderly wind-down of its estates.

Based in Fort Worth, Quicksilver is an independent oil and gas exploration and production company. It filed for bankruptcy March 17, 2015 under Chapter 11 case number 15-10585.

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