- Quicksilver Resources (NYSE:KWK) and its U.S. subsidiaries file for Chapter 11 bankruptcy protection, and say they will continue normal business operations; KWK's Canadian subsidiaries are not part of the filing.
- KWK says its strategic marketing process did not produce viable options for asset sales or other alternatives to fully address the company’s liquidity and capital structure issues.
- Crestwood Midstream Partners (CMLP), whose gathering and processing systems are integral to KWK's Barnett Shale operations, says KWK is current on all outstanding invoices received from CMLP.