Quicksilver Resources posts $1.43 million June net loss; revenue down

By Caroline Salls

Pittsburgh, July 21 – Quicksilver Resources Inc. reported a $1.43 million net loss for June on negative $8,000 in total revenue, according to its monthly operating report filed July 20 with the U.S. Bankruptcy Court for the District of Delaware.

In May, Quicksilver posted a $6.22 million net loss on $64,000 in total revenue.

The company listed $183.98 million in cash and cash equivalents as of June 30, the same as at the end of May.

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

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