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Quicksilver Production (QPP) Files $250M IPO

February 10, 2012 7:08 AM EST
Quicksilver Production Partners L.P. (NYSE: QPP) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Units. The proposed maximum offering price is $250 million. Quicksilver Production plans to list on the New York Stock Exchange under the ticker "QPP."

The offering is being made through J.P. Morgan and Credit Suisse.

Quicksilver Production is Delaware limited partnership formed in November 2011 by Quicksilver (NYSE: KWK) to own and acquire oil and gas properties in North America that fit our acquisition criteria, which are mature onshore properties with long-lived reserves, predictable production profiles and modest capital requirements.


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