Quicksilver Resources posts $6.22 million May net loss; revenue down

By Caroline Salls

Pittsburgh, June 24 – Quicksilver Resources Inc. reported a $6.22 million net loss on $64,000 in total revenue, according to its monthly operating report filed Friday with the Securities and Exchange Commission.

In April, Quicksilver posted $131.16 million in net income on $30.43 million in total revenue.

The company listed $183.98 million in cash and cash equivalents as of May 31, the same as at the end of April.

Quicksilver, based in Fort Worth, is an independent oil and gas exploration and production company. The company filed for bankruptcy 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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