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Quicksilver Resources Inc. (NYSE: KWK) today announced that, due to the satisfaction of the market price condition to conversion, Quicksilver's 1.875% Convertible Subordinated Debentures due 2024 (the "Debentures") are convertible during the fiscal quarter ending March 31, 2007. Pursuant to the terms of the indenture under which the Debentures were issued, the Debentures are currently convertible at a rate of 32.72085 shares of common stock of Quicksilver per $1000 principal amount of the Debentures (such conversion rate having been adjusted to account for a 3-for-2 stock split effected in the form of a stock dividend on June 30, 2005). These shares are currently included in the company's fully diluted earnings per share calculation. About Quicksilver Resources Fort Worth, Texas-based Quicksilver Resources is a natural gas and crude oil production company engaged in the development and production of unconventional natural gas reserves, including coal bed methane, shale gas, and tight sands gas. It has U.S. offices in Fort Worth, Texas; Granbury, Texas; Gaylord, Michigan; Corydon, Indiana and Cut Bank, Montana. Quicksilver also has a Canadian subsidiary, Quicksilver Resources Canada Inc., located in Calgary, Alberta. For more information about Quicksilver Resources, visit www.qrinc.com. The statements in this press release regarding future events, occurrences, circumstances, activities, performance, outcomes and results are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although these statements reflect the current views, assumptions and expectations of Quicksilver Resources' management, the matters addressed herein are subject to numerous risks and uncertainties, which could cause actual activities, performance, outcomes and results to differ materially from those indicated. Factors that could result in such differences or otherwise materially affect Quicksilver Resources' financial condition, results of operations and cash flows include: changes in general economic conditions; fluctuations in natural gas and crude oil prices; failure or delays in achieving expected production from natural gas and crude oil exploration and development projects; uncertainties inherent in estimates of natural gas and crude oil reserves and predicting natural gas and crude oil reservoir performance; effects of hedging natural gas and crude oil prices; competitive conditions in our industry; actions taken by third-party operators, processors and transporters; changes in the availability and cost of capital; operating hazards, natural disasters, weather-related delays, casualty losses and other matters beyond our control; the effects of existing and future laws and governmental regulations; and the effects of existing or future litigation; as well as other factors disclosed in Quicksilver Resources' filings with the Securities and Exchange Commission. |
Scholars contributing to this DVD include Pulitzer Prize winning author James M. McPherson
Inecom Entertainment Company announces today that its latest film "Lincoln and Lee at Antietam - The Cost of Freedom," part of the "MINUTES OF HISTORY®"series, will be distributed to public broadcasting stations nationwide by America Public Television (APT) in May 2006. Narrated by Ronald F. Maxwell, director of "Gettysburg" and "Gods and Generals," the feature documentary is presented by Penn State Public Broadcasting (PSPB). The special will air on stations beginning in May 2006, and will be broadcast in standard and high definition formats. (Check local listings for dates/times in your area).
Written, directed and produced by multiple-award winner Robert Child ("Gettysburg: Three Days of Destiny," "Gettysburg: The Boys in Blue and Gray"), "Lincoln and Lee at Antietam - The Cost of Freedom" vividly brings to life the story of America's fight for freedom in a battle that changes the course of the Civil War. It's September 17, 1862, and President Abraham Lincoln needs a victory in order to issue the Emancipation Proclamation. But General Robert E. Lee has other plans -- invade the North. When Lee's strategy, known as Special Order 191, falls into the hands of the Union Army, the result is the single bloodiest day in American history at the Battle of Antietam in Sharpsburg, Maryland.
Scholars contributing to this DVD include Pulitzer Prize winning author James M. McPherson ("Battle Cry of Freedom" and "Crossroads of Freedom: Antietam"); Allen C. Guelzo, a recent nominee by the President of the United States to the National Council on the Humanities and two-time Lincoln Prize recipient; and Stanley Wernz, featured in Time magazine (July 4, 2005) and current president of the Association of Lincoln Presenters.
Inecom's newest title will be on sale at video stores, Internet retailers, educational and institutional distributors and large retail chains like Borders stores on January 31, 2006. Many retailers are currently accepting pre-orders as well.
About Penn State Public Broadcasting
Penn State Public Broadcasting, WPSU TV/FM, is licensed to The Pennsylvania State University. Other PSPB productions distributed nationally to the PBS system include the series "Legendary Lighthouses," "Small Ball: A Little League Story" and its Emmy-award winning production of "The Grange Fair: An American Tradition."
About American Public Television
For 44 years, American Public Television (APT) has been a prime source of programming for the nation's public television stations. APT distributes more than 10,000 hours of programming including "JFK: Breaking the News," "Simply Ming," "Globe Trekker," "Rick Steves' Europe," "Julia and Jacques Cooking at Home," "Battlefield Britain," "Jungle," "America's Test Kitchen," "Lidia's Family Table" and classic movies. APT is known for identifying innovative programs and developing creative distribution techniques for producers. In four decades, it has established a tradition of providing public television stations nationwide with program choices that enable them to strengthen and customize their schedules. Press should contact Donna Hardwick at 617-338-4455 ext. 129 or via email to Donna_Hardwick@APTonline.org. For more information about APT's programs and services visit www.APTonline.org.
About Inecom Entertainment Company
Inecom Entertainment Company is an independent movie studio focusing on documentary and instructional films. In addition to "Lincoln and Lee at Antietam - The Cost of Freedom," the company has produced "EXPO - Magic of the White City" narrated by Gene Wilder, "Gettysburg and Stories of Valor" narrated by Keith Carradine and "Johnstown Flood" narrated by Richard Dreyfuss. Both "Gettysburg and Stories of Valor" and "Johnstown Flood" currently appear on public television. "EXPO - Magic of the White City" is a top seller on Amazon.com and at Borders stores nationwide. Inecom's next title scheduled for release is "Horses of Gettysburg" narrated by Ronald F. Maxwell, available May 2006.
NOTE TO MEDIA:
For more information or to receive a free press screening copy, press kit or product photographs for any of Inecom Entertainment Company's films, contact Julie Halapchuk at jhalapch@inecom.com or 1.888.258.5164 or visit www.Inecom.com. Images for "Lincoln and Lee at Antietam - The Cost of Freedom" may be downloaded by visiting www.AntietamConflict.com/AboutTheFilm/FilmPhotos.asp.