Quicksilver Resources Inc. Introductory Memorandum CORPORATE FINANCE FINANCIAL ADVISORY SERVICES September 2015 FINANCIAL RESTRUCTURING STRATEGIC CONSULTING HL.com
Quicksilver Resources Inc. Transaction Overview Quicksilver Resources Inc. and its domestic subsidiaries (collectively, the Debtors) are debtors-in-possession in chapter 11 cases (jointly administered under Case No. 15-10585 (LSS))…
Quicksilver Resources Inc. Business Description Quicksilver is an independent oil and gas E&P company that focuses on unconventional resources in North America Key Operations Key areas of operations include: and Reserves Barnett Shale…
Quicksilver Resources Inc. Key Investment Highlights Long-Lived Producing Assets in Rationalized Cost Barnett Shale & Structure Horseshoe Canyon Existing and Substantial Reserve Extensive Inventory Upside at Attractive…
Quicksilver Resources Inc. Asset Geography High-quality, large-scale resource base provides long-term drilling inventory in both oil and gas plays Classification Area Description Alliance Highly productive core dry gas area with…
Quicksilver Resources Inc. Asset Overview Development / Production Exploration / Assessment Barnett Horseshoe Canyon Horn River Basin West Texas Northwest Alberta Shale Proved Reserves 947 Bcfe 227 Bcf 55 Bcf 324 Mboe NA Reserve…
Quicksilver Resources Inc. PV-10 Overview Unless otherwise noted, all reserve data is based on strip pricing as of July 31, 2015 and Company data as of June 30, 2015 and assumes a 2 year drilling program in the U.S. and Canada per…
Supplemental YE 2014 SEC vs. Strip: Net Reserve Information Reconciliation Consolidated (Bcfe) 1,400 192 (39) 1,231 1,200 1,114 (36) 1,000 800 600 400 200 0 YE 2014 Production Technical Price Development SEC Revisions…
Supplemental YE 2014 SEC vs. Strip: Net PV-10 Information Reconciliation Consolidated (MM) 1,400 1,200 126 (482) 1,043 (24) 1,000 800 663 600 400 200 0 YE 2014 Production Technical Price Development SEC Revisions Case…