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Quicksilver Resources closes sale of Montana Asset to Synergy Offshore

FORT WORTH -- Quicksilver Resources Inc. closed the sale of its previously announced Montana Asset on August 30, 2013 to Synergy Offshore LLC for a sales price of $46 million.

The effective date of the transaction is January 1, 2013. Synergy' s ratable share of production and operating expenses from the effective date to the closing date, as well as other customary closing adjustments, amounted to approximately $4 million, resulting in net proceeds to Quicksilver of $42 million.

09/03/2013

 

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