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Energy M&A image Energy M&A » By The Online Investor Staff, updated Tue., Aug. 11, 9:51 AM Recent mergers and acquisitions in the Energy M&A category.

Slide #10. Southwestern Energy Production Company Quicksilver Resources Sand Wash Basin Assets

Acquirer: Southwestern Energy Production Company
Acquiree: Quicksilver Resources Sand Wash Basin Assets (KWK)
Details: Quicksilver Resources Inc. (NYSE:KWK) announces it closed on the previously announced sale to Southwestern Energy Production Company of its jointly owned holdings with SWEPI LP ("Shell") in the Sand Wash Basin for gross cash proceeds of $180 million. Quicksilver received total cash proceeds of $93.5 million per the conditions as set forth in the purchase and sale agreement, which includes a deposit of $4.5 million received on March 4, 2014 when the agreement was executed.

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Company Name: 
Quicksilver Resources, Inc.
Oil & Gas Exploration & Production

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