0000891836-15-000035.txt : 20150218 0000891836-15-000035.hdr.sgml : 20150216 20150217164617 ACCESSION NUMBER: 0000891836-15-000035 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 GROUP MEMBERS: EDWARD H. MCDERMOTT GROUP MEMBERS: ELI J. WEINBERG GROUP MEMBERS: JOHN H. SCULLY GROUP MEMBERS: SAN FRANCISCO PARTNERS L.P. GROUP MEMBERS: SF ADVISORY PARTNERS L.P. GROUP MEMBERS: SPO ADVISORY PARTNERS L.P. GROUP MEMBERS: SPO PARTNERS II L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUICKSILVER RESOURCES INC CENTRAL INDEX KEY: 0001060990 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752756163 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55999 FILM NUMBER: 15623665 BUSINESS ADDRESS: STREET 1: 801 CHERRY STREET STREET 2: SUITE 3700, UNIT 19 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-665-5000 MAIL ADDRESS: STREET 1: 801 CHERRY STREET STREET 2: SUITE 3700, UNIT 19 CITY: FORT WORTH STATE: TX ZIP: 76102 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SPO ADVISORY CORP CENTRAL INDEX KEY: 0000919468 IRS NUMBER: 680247274 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: SUITE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 4153836600 MAIL ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: SUITE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 FORMER COMPANY: FORMER CONFORMED NAME: SF ADVISORY CORP DATE OF NAME CHANGE: 19990329 SC 13G/A 1 sc0018.htm AMENDMENT NO. 2 TO SCHEDULE 13G sc0018.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
         
     
 
SCHEDULE 13G
 
     
 
Under the Securities Exchange Act of 1934
 
 
(Amendment No. 2)*
 
         
     
QUICKSILVER RESOURCES INC.
 
(Name of Issuer)
 
         
     
 
COMMON STOCK, PAR VALUE $0.01 PER SHARE
 
 
(Title of Class of Securities)
 
     
 
74837R104
 
 
(CUSIP Number)
 
     
 
December 31, 2014
 
 
(Date of Event which Requires Filing of this Statement)
 
         

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[   ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[   ] Rule 13d-1(d)

*
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
 



 
 

 

CUSIP No. 74837R104

1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
 
 
SPO Partners II, L.P.
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
 
(a)  o
 
(b)  x
3.
SEC Use Only
 
 
 
 
4.
Citizenship or Place of Organization
 
 
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
Sole Voting Power
 
 
 
0
6.
Shared Voting Power
 
 
 
0
7.
Sole Dispositive Power
 
 
 
0
8.
Shared Dispositive Power
 
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
 
 
o
11.
Percent of Class Represented by Amount in Row (9)
 
 
 
0.0%
12.
Type of Reporting Person (See Instructions)
 
 
 
(PN)
 
 


Page 2 of 13

 
 

 

CUSIP No. 74837R104

1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
 
 
SPO Advisory Partners, L.P.
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
 
(a)  o
 
(b)  x
3.
SEC Use Only
 
 
 
 
4.
Citizenship or Place of Organization
 
 
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
Sole Voting Power
 
 
 
0
6.
Shared Voting Power
 
 
 
0
7.
Sole Dispositive Power
 
 
 
0
8.
Shared Dispositive Power
 
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
 
 
o
11.
Percent of Class Represented by Amount in Row (9)
 
 
 
0.0%
12.
Type of Reporting Person (See Instructions)
 
 
 
(PN)
 

 

Page 3 of 13

 
 

 

CUSIP No. 74837R104

1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
 
 
San Francisco Partners, L.P.
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
 
(a)  o
 
(b)  x
3.
SEC Use Only
 
 
 
 
4.
Citizenship or Place of Organization
 
 
 
California
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
Sole Voting Power
 
 
 
0
6.
Shared Voting Power
 
 
 
0
7.
Sole Dispositive Power
 
 
 
0
8.
Shared Dispositive Power
 
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
 
 
o
11.
Percent of Class Represented by Amount in Row (9)
 
 
 
0.0%
12.
Type of Reporting Person (See Instructions)
 
 
 
(PN)
 


Page 4 of 13

 
 

 

CUSIP No. 74837R104

1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
 
 
SF Advisory Partners, L.P.
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
 
(a)  o
 
(b)  x
3.
SEC Use Only
 
 
 
 
4.
Citizenship or Place of Organization
 
 
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
Sole Voting Power
 
 
 
0
6.
Shared Voting Power
 
 
 
0
7.
Sole Dispositive Power
 
 
 
0
8.
Shared Dispositive Power
 
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
 
 
o
11.
Percent of Class Represented by Amount in Row (9)
 
 
 
0.0%
12.
Type of Reporting Person (See Instructions)
 
 
 
(PN)
 

 
Page 5 of 13

 
 

 

CUSIP No. 74837R104

1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
 
 
SPO Advisory Corp.
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
 
(a)  o
 
(b)  x
3.
SEC Use Only
 
 
 
 
4.
Citizenship or Place of Organization
 
 
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
Sole Voting Power
 
 
 
0
6.
Shared Voting Power
 
 
 
0
7.
Sole Dispositive Power
 
 
 
0
8.
Shared Dispositive Power
 
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
 
 
o
11.
Percent of Class Represented by Amount in Row (9)
 
 
 
0.0%
12.
Type of Reporting Person (See Instructions)
 
 
 
(CO)
 


Page 6 of 13

 
 

 

CUSIP No. 74837R104

1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
 
 
John H. Scully
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
 
(a)  o
 
(b)  x
3.
SEC Use Only
 
 
 
 
4.
Citizenship or Place of Organization
 
 
 
USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
Sole Voting Power
 
 
 
19,900 (1)
6.
Shared Voting Power
 
 
 
0
7.
Sole Dispositive Power
 
 
 
19,900 (1)
8.
Shared Dispositive Power
 
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
 
19,900
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
 
 
o
11.
Percent of Class Represented by Amount in Row (9)
 
 
 
**0.1%
12.
Type of Reporting Person (See Instructions)
 
 
 
(IN)
_______________
 
**
Denotes less than

 
(1)
These shares are held in Mr. Scully’s individual retirement account, which is self-directed.

 

Page 7 of 13

 
 

 

CUSIP No. 74837R104

1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
 
 
Edward H. McDermott
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
 
(a)  o
 
(b)  x
3.
SEC Use Only
 
 
 
 
4.
Citizenship or Place of Organization
 
 
 
USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
Sole Voting Power
 
 
 
2,300 (1)
6.
Shared Voting Power
 
 
 
0
7.
Sole Dispositive Power
 
 
 
2,300 (1)
8.
Shared Dispositive Power
 
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
 
2,300
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
 
 
o
11.
Percent of Class Represented by Amount in Row (9)
 
 
 
**0.1%
12.
Type of Reporting Person (See Instructions)
 
 
 
(IN)
_______________
 
**
Denotes less than

 
(1)
These shares are held in Mr. McDermott’s individual retirement account, which is self-directed.
 


Page 8 of 13

 
 

 

CUSIP No. 74837R104

1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
 
 
 
Eli J. Weinberg
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
 
(a)  o
 
(b)  x
3.
SEC Use Only
 
 
 
 
4.
Citizenship or Place of Organization
 
 
 
USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
Sole Voting Power
 
 
 
0
6.
Shared Voting Power
 
 
 
0
7.
Sole Dispositive Power
 
 
 
0
8.
Shared Dispositive Power
 
 
 
0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
 
0
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
 
 
 
o
11.
Percent of Class Represented by Amount in Row (9)
 
 
 
0.0%
12.
Type of Reporting Person (See Instructions)
 
 
 
(IN)
 


Page 9 of 13

 
 
 

 
 
This Amendment No. 2 (the “Amendment”) amends the Schedule 13G (the “Original 13G”) filed with the Securities and Exchange Commission (“SEC”) on May 8, 2014 and amended on May 9, 2014. Terms used herein and not defined herein shall have the meanings ascribed thereto in the Original 13G, as amended.
 
Item 1.
(a)
Name of Issuer
 
 
 
Quicksilver Resources Inc.
 
 
 
(b)
Address of Issuer’s Principal Executive Offices
 
 
 
801 Cherry Street, Suite 3700, Unit 19
 
Fort Worth, Texas 76102
 
 
Item 2.
(a)
Name of Person Filing
 
 
 
SPO Partners II, L.P., a Delaware limited partnership (“SPO”), SPO Advisory Partners, L.P., a Delaware limited partnership (“SPO Advisory Partners”), San Francisco Partners, L.P., a California limited partnership (“SFP”), SF Advisory Partners, L.P., a Delaware limited partnership (“SF Advisory Partners”), SPO Advisory Corp., a Delaware corporation (“SPO Advisory Corp.”), John H. Scully (“JHS”), Edward H. McDermott (“EHM”) and Eli J. Weinberg (“EJW”). SPO, SPO Advisory Partners, SFP, SF Advisory Partners, SPO Advisory Corp., JHS, EHM and EJW are sometimes hereinafter referred to as the “Reporting Persons.”
 
 
 
The Reporting Persons are making this single, joint filing because they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Act”), although neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that a group exists.
 
 
 
(b), (c)
Address of Principal Business Office or, if None, Residence; Citizenship of Reporting Persons
 
 
 
The principal business address of SPO is 591 Redwood Highway, Suite 3215, Mill Valley, California 94941. SPO is a Delaware limited partnership.
 
 
 
The principal business address of SPO Advisory Partners is 591 Redwood Highway, Suite 3215, Mill Valley, California 94941. SPO Advisory Partners is a Delaware limited partnership.
 
 
 
The principal business address of SFP is 591 Redwood Highway, Suite 3215, Mill Valley, California 94941. SFP is a California limited partnership.
 
 
 
The principal business address of SF Advisory Partners is 591 Redwood Highway, Suite 3215, Mill Valley, California 94941. SF Advisory Partners is a Delaware limited partnership.
 
 
 
The principal business address of SPO Advisory Corp. is 591 Redwood Highway, Suite 3215, Mill Valley, California 94941. SPO Advisory Corp. is a Delaware corporation.
 
 
 
The principal business address of JHS is 591 Redwood Highway, Suite 3215, Mill Valley, California 94941. JHS is a citizen of the United States of America.
 
 
 
The principal business address of EHM is 591 Redwood Highway, Suite 3215, Mill Valley, California 94941. EHM is a citizen of the United States of America.
 
 
 
The principal business address of EJW is 591 Redwood Highway, Suite 3215, Mill Valley, California 94941. EJW is a citizen of the United States of America.
 
 
 
(d)
Title of Class of Securities
 
 
 
Common Stock, par value $0.01 per share
 
 
 
(e)
CUSIP Number:
 
 
 
74837R104
 
 
Item 3.
Statement filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c):
 
 
 
Not Applicable.
 
 
Item 4.
Ownership.
 
 
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
Page 10 of 13

 
 

 

 
(b)
(a)
(c)(i)
(c)(ii)
(c)(iii)
(c)(iv)
 
Common Shares
   
     
Voting Power
Disposition Power
Reporting Persons
Percent of Class
Beneficially Owned
Sole
Shared
Sole
Shared
SPO Partners II, L.P.
0.0%
0
0
                 0
0
                0
SPO Advisory Partners, L.P.
0.0%
0
0
                 0
0
                0
San Francisco Partners, L.P.
0.0%
0
0
                 0
0
                0
SF Advisory Partners, L.P.
0.0%
0
0
                 0
0
                0
SPO Advisory Corp.
0.0%
0
0
                 0
0
                0
John H. Scully                                
**0.1%
19,900
19,900
0
19,900
0
Edward H. McDermott
**0.1%
2,300
2,300
0
2,300
0
Eli J. Weinberg                                
0.0%
0
0
0
0
0
_______________
 
**
Denotes less than
 
 
Item 5.
Ownership of Five Percent or Less of a Class.
 
 
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  x.
 
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
 
 
No other persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from, or other proceeds from the sale of, the common shares held by the Reporting Persons.
 
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
 
 
Not Applicable.
 
 
Item 8.
Identification and Classification of Members of the Group.
 
 
 
Not Applicable.
 
 
Item 9.
Notice of Dissolution of Group.
 
 
 
Not Applicable.
 
 
Item 10.
Certification.
 
 
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


Page 11 of 13

 
 

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
February 17, 2015
 
Date

 
/s/ Kim M. Silva
 
Signature

 
Kim M. Silva
 
Attorney-in-fact for:
 
 
 
SPO Partners II, L.P. (1)
 
SPO Advisory Partners, L.P. (1)
 
San Francisco Partners, L.P. (1)
 
SF Advisory Partners, L.P. (1)
 
SPO Advisory Corp. (1)
 
John H. Scully (1)
 
Edward H. McDermott (1)
 
Eli J. Weinberg (1)


(1)
A Power of Attorney authorizing Kim M. Silva to act on behalf of this person or entity has been previously filed with the Securities and Exchange Commission.










Page 12 of 13


 
 

 


EXHIBIT INDEX

Exhibit
Document Description
 
 
A
Agreement Pursuant to Rule 13d-1(k)
 
 
B
Power of Attorney (previously filed)















Page 13 of 13



EX-99.A 2 ex_99-a.htm EXHIBIT A -- AGREEMENT PURSUANT TO RULE 13D-1(K) ex_99-a.htm
EXHIBIT A

Pursuant to Rule 13d-1(k) or Regulation 13D-G of the General Rule and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agrees that the statement to which this Exhibit is attached is filed on behalf of each of them in capacities set forth below.

 
February 17, 2015
 
Date

 
/s/ Kim M. Silva
 
Signature

 
Kim M. Silva
 
Attorney-in-fact for:
 
 
 
SPO Partners II, L.P. (1)
 
SPO Advisory Partners, L.P. (1)
 
San Francisco Partners, L.P. (1)
 
SF Advisory Partners, L.P. (1)
 
SPO Advisory Corp. (1)
 
John H. Scully (1)
 
Edward H. McDermott (1)
 
Eli J. Weinberg (1)


(1)
A Power of Attorney authorizing Kim M. Silva to act on behalf of this person or entity has been previously filed with the Securities and Exchange Commission.