UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): January 13, 2006
QUICKSILVER RESOURCES INC.
(Exact Name of Registrant as Specified in Charter)
| | | | |
| Delaware | | 001-14837 | | 75-2756163 |
(State or Other Jurisdiction
of Incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
777 West Rosedale, Suite 300
Fort Worth, Texas 76104
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (817) 665-5000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 1.01. | Entry Into a Material Definitive Agreement. |
Fifth Amendment to Combined Credit Agreements
On January 13, 2006, Quicksilver Resources Inc. (“Quicksilver”) and MGV Energy Inc. entered into the Fifth Amendment to Combined Credit Agreements among JPMorgan Chase Bank, N.A., JPMorgan Chase Bank, N.A., Toronto Branch, BNP Paribas, Bank of America, N.A., Fortis Capital Corp., The Bank of Nova Scotia, Comerica Bank, The Royal Bank of Scotland plc, Calyon New York Branch, CIBC Inc., Compass Bank, Sterling Bank, Toronto Dominion (Texas) LLC, Harris Nesbitt Financing, Inc., Societe Generale, BNP Paribas (Canada), Bank of America, N.A. (by its Canada branch), Comerica Bank, Canada Branch, Canadian Imperial Bank of Commerce, Toronto Dominion Bank, Bank of Montreal, Societe Generale (Canada) and Fortis Capital (Canada) Ltd. as agents and combined lenders. The Fifth Amendment amends the Combined Credit Agreements to eliminate a restriction on Quicksilver’s ability to repay or prepay other debt.
The foregoing description is qualified in its entirety by reference to the full text of the Fifth Amendment, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Seventh Amendment to Note Purchase Agreement
On January 18, 2006, Quicksilver entered into the Seventh Amendment to Note Purchase Agreement among Beaver Creek Pipeline, L.L.C., Terra Energy Ltd., Mercury Michigan, Inc., GTG Pipeline Corporation, Terra Pipeline Company, Cowtown Pipeline Funding, Inc., Cowtown Pipeline Management, Inc. and Cowtown Pipeline L.P., as guarantors, BNP Paribas, as collateral agent, and Fortis Capital Corp., The Prudential Insurance Company of America and The Royal Bank of Scotland plc, as purchasers. The Seventh Amendment amends the Note Purchase Agreement to, among other things, clarify that Quicksilver may make cash payments to holders of Quicksilver debt securities that are convertible into Quicksilver capital stock in satisfaction of the debt or Quicksilver’s conversion obligation in respect of the debt.
The foregoing description is qualified in its entirety by reference to the full text of the Seventh Amendment, which is attached as Exhibit 10.2 to this Current Report on Form 8-K and incorporated herein by reference.
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| Item 9.01. | Financial Statements and Exhibits. |
| | |
Exhibit
Number
| | Description
|
| |
| 10.1 | | Fifth Amendment to Combined Credit Agreements, dated as of January 13, 2006, among Quicksilver Resources Inc., MGV Energy Inc. and the agents and combined lenders identified therein. |
| |
| 10.2 | | Seventh Amendment to Note Purchase Agreement, dated as of January 18, 2006, among Quicksilver Resources Inc., certain of its subsidiaries listed therein, BNP Paribas, collateral agent, and the purchasers identified therein. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | |
QUICKSILVER RESOURCES INC. |
| |
By: | | /s/ Philip Cook |
| | | Philip W. Cook Senior Vice President – Chief Financial Officer |
Date: January 19, 2006
INDEX TO EXHIBITS
| | |
Exhibit
Number
| | Description
|
| |
| 10.1 | | Fifth Amendment to Combined Credit Agreements, dated as of January 13, 2006, among Quicksilver Resources Inc., MGV Energy Inc. and the agents and combined lenders identified therein. |
| |
| 10.2 | | Seventh Amendment to Note Purchase Agreement, dated as of January 18, 2006, among Quicksilver Resources Inc., certain of its subsidiaries listed therein, BNP Paribas, collateral agent, and the purchasers identified therein. |
