SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GATENS J MICHAEL

(Last)

(First)

(Middle)

777 WEST ROSEDALE STREET

SUITE 300

(Street)

FORT WORTH

76104

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
QUICKSILVER RESOURCES INC [ KWK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		COB, CEO of MGV Energy Inc.

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $01 par value	12/16/2004		S		1,000	D	$35.28	9,000	D
Common Stock, $01 par value	12/16/2004		S		800	D	$35.42	8,200	D
Common Stock, $01 par value	12/16/2004		S		200	D	$35.45	8,000	D
Common Stock, $01 par value	12/16/2004		S		1,000	D	$35.78	7,000	D
Common Stock, $01 par value	12/16/2004		S		1,000	D	$35.98	6,000	D
Common Stock, $01 par value	12/16/2004		S		1,000	D	$36.72	5,000	D
Common Stock, $01 par value	12/16/2004		S		1,000	D	$36.9	4,000	D
Common Stock, $01 par value	12/16/2004		S		1,000	D	$36.7	3,000	D
Common Stock, $01 par value	12/16/2004		S		1,500	D	$36.8	1,500	D
Common Stock, $01 par value	12/16/2004		S		500	D	$36.81	1,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option⁽¹⁾	$31.27							12/31/2004	12/31/2008	Common Stock, $.01 par value	497,037		497,037	D
Stock Option⁽¹⁾	$8.02							12/04/2002⁽²⁾	12/04/2006	Common Stock, $.01 par value	8,334		8,334	D
MGV Energy Inc. Class C Common Share⁽³⁾	⁽³⁾							12/22/2000	12/31/2005⁽⁴⁾	Common Stock, $.01 par value	101,932		101,932	D

Explanation of Responses:

1. Represents a right to buy.

2. The stock option vests in three equal annual installments beginning on December 4, 2002, with full vesting on December 4, 2004.

3. MGV Energy Inc. is a subsidiary of Quicksilver Resources Inc. MGV's Class C common shares are exchangeable at anytime on a one-for-one basis for shares of Quicksilver common stock. In lieu of delivering a share of Quicksilver common stock upon exchange of an MGV common share, Quicksilver may elect to deliver the cash equivalent of a share of Quicksilver common stock.

4. MGV Class C shares outstanding on December 31, 2005 will be treated as having been the subject of an exchange put right by the holder thereof.

	J. Michael Gatens	12/20/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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