QUICKSILVER GAS SERVICES LP
			Symbol			KGS

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Quicksilver Gas Services LP's Credit Facility Increased to $320 Million

2009-10-22 16:18 ET - News Release

FORT WORTH, TX -- (MARKET WIRE) -- 10/22/09

Quicksilver Gas Services LP (NYSE: KGS) announced that its bank group has increased the company's senior secured revolving credit facility to $320 million. Bank of America Merrill Lynch led the group of 12 existing and new lenders that amended the credit facility, including an increase to the pricing grid of 175 basis points.

"The expansion of our credit facility is a testament to the bank group's confidence in the future of our company," said Toby Darden, Quicksilver Gas Services' president and chief executive officer. "We believe that this increased facility provides sufficient capacity for the company to continue to grow organically and opportunistically through selective acquisitions."

The credit facility permits the future expansion up to $350 million, subject to consents and additional commitments. The credit facility, which matures August 10, 2012, can be extended up to two additional years with consenting lenders. As of September 30, 2009 and accounting for the credit facility increase, the company has approximately $113 million available to be drawn under the credit facility.

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