Quicksilver Resources Announces Two-For-One Stock Split

Quicksilver Resources announced that its board of directors declared a two-for-one stock split of its outstanding common stock for stockholders of record at the close of business on June 15, 2004. The stock split will be effected in the form of a stock dividend, which will be issued on June 30, 2004. Quicksilver will have approximately 50,000,000 shares outstanding after the stock split.

Glenn Darden, Quicksilver's president and chief executive officer, commented on the stock split.

"Considering Quicksilver's strong results over the last several years, our healthy financial condition, and prospects for future growth in revenue, production, and reserves, and the current level of our stock price, our board of directors determined that the elements were in place for a stock split. We believe the stock split will enhance the liquidity of our common stock, making it an even more attractive investment for our stockholders."