Quicksilver Gas Services LP Increases Quarterly Distribution 5.4%
19 10월 2009 - 11:37PM
Marketwired
Quicksilver Gas Services LP (NYSE: KGS) announced today that the
board of directors of its general partner has declared a cash
distribution of $.39 per common unit for the 2009 third quarter, a
5.4% increase from the previous quarter. This distribution will be
paid November 13, 2009 on all common units to holders of record as
of the close of business on November 3, 2009.
Quicksilver Gas Services expects to announce its financial
results for the third quarter of 2009 on Monday November 9, 2009,
before the market opens. The company will host a conference call
for investors and analysts at 10:00 a.m. eastern time that day to
discuss the operating and financial results. Quicksilver invites
interested parties to listen to the call via the company's website
at www.kgslp.com or by calling 1-877-313-7932, using the conference
ID number 80360996, approximately 10 minutes prior to the call. A
digital replay of the conference call will be available at 3:00
p.m. eastern time the same day and will remain available for 30
days. The replay can be accessed at 1-800-642-1687 and reference
should be made to the conference ID number 80360996. The replay
will also be archived for 30 days on the company's website.
This announcement is intended to be a qualified notice under
Treasury Regulation Section 1.1446-4(b), with 100% of the
partnership's distributions to foreign investors attributable to
income that is effectively connected with a United States trade or
business. Accordingly, Quicksilver Gas Services' distributions to
foreign investors are subject to federal income tax withholding at
the highest effective rate.
About Quicksilver Gas Services
Quicksilver Gas Services LP is a midstream master limited
partnership engaged in the business of gathering and processing
natural gas produced from the Barnett Shale formation in the Fort
Worth Basin in north Texas. Headquartered in Fort Worth, the
company's predecessors began operations in 2004 to provide
midstream services primarily to Quicksilver Resources Inc. For more
information about Quicksilver Gas Services, visit
www.kgslp.com.
KGS 09-10
Investor and Media Contact: Rick Buterbaugh 817-665-4835
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