Quicksilver Resources Prices Public Offering for Units of BreitBurn Energy Partners L.P.
FORT WORTH, TX -- (Marketwire) -- 11/30/11 -- Quicksilver Resources Inc. (NYSE: KWK) announced today that it has priced its public offering of 6,967,844 units of BreitBurn Energy Partners L.P. (NASDAQ: BBEP). Quicksilver has granted the underwriters a 30-day option to purchase up to 1,045,177 additional units from Quicksilver to cover over allotments.
The units were offered to the public at a price of $16.52 per unit. Closing of the offering is expected to occur on or about December 5, 2011, subject to customary closing conditions.
Deutsche Bank Securities, BofA Merrill Lynch, Citigroup, Goldman, Sachs & Co., UBS Investment Bank, and Wells Fargo Securities are acting as joint book-running managers for the offering.
The offering is being made pursuant to BBEP's effective shelf registration statement. The offering may be made only by means of a prospectus supplement and the accompanying prospectus, copies of which may be obtained by sending a request to one of the following:
Deutsche Bank Securities
Prospectus Department
Harborside Financial Center, 100 Plaza One
Jersey City, NJ 07311-3988
telephone: (800) 503-4611
BofA Merrill Lynch
Attn: Prospectus Department
4 World Financial Center
New York, New York 10080
email: dg.prospectus_requests@baml.com
Citigroup
Brooklyn Army Terminal
140 58th Street, 8th Floor
Brooklyn, New York 11220
telephone: (800) 831-9146
Goldman, Sachs & Co.
Attn: Prospectus Department
200 West Street
New York, New York 10282
telephone: (866) 471-2526
UBS Investment Bank
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
telephone: (888) 827-7275
Wells Fargo Securities
Attn: Equity Syndicate Dept.
375 Park Avenue
New York, New York 10152
telephone: (800) 326-5897
A registration statement relating to these securities has been filed with and declared effective by the U.S. Securities and Exchange Commission. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state. Any offer or sale will be made only by means of the written prospectus forming a part of the effective registration statement.
KWK 11-19
Investor and Media Contact:
John Hinton
(817) 665-4990
