Quicksilver Gas Services Announces 7.7% Increase in Quarterly Distribution
23 7월 2010 - 6:22AM
Marketwired
Quicksilver Gas Services LP (NYSE: KGS) announced today that the
board of directors of its general partner has declared a cash
distribution of $.42 per common unit for the 2010 second quarter,
an increase of $.03 per common unit. This distribution will be paid
August 13, 2010 on all common units to holders of record as of the
close of business on August 3, 2010.
Quicksilver Gas Services expects to announce its financial
results for the second quarter of 2010 on Monday, August 9, 2010,
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 44423585, 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 44423585. 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
Fort Worth, Texas-based Quicksilver Gas Services is a
growth-oriented limited partnership in the business of gathering
and processing natural gas produced from the Barnett Shale geologic
formation in the Fort Worth Basin of north Texas. The company began
operation in 2004 to provide these services to Quicksilver
Resources Inc., which owns our general partner. For more
information about Quicksilver Gas Services, visit
www.kgslp.com.
Investor and Media Contact: Rick Buterbaugh
817-665-4835
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