8-K

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): September 30, 2011

QUICKSILVER RESOURCES INC.

(Exact name of registrant as specified in its charter)

Delaware	001-14837	75-2756163
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

801 Cherry Street

Suite 3700, Unit 19

Fort Worth, Texas 76102

(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 Instruction 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 8.01.      Other Events.

On September 30, 2011, Quicksilver Resources Inc. issued a press release announcing that the holders of its 1.875% Convertible Subordinated Debentures due 2024 have the option to require Quicksilver to repurchase on November 1, 2011 all or any part of such holder’s notes.  A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01.      Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99.1	Press Release dated September 30, 2011

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 Cook
	Senior Vice President – Chief Financial Officer

Date: September 30, 2011

INDEX TO EXHIBITS

Exhibit Number	Description
99.1	Press Release dated September 30, 2011

EX-99.1

   N e w s   R e l e a s e QUICKSILVER RESOURCES INC. 801 Cherry Street Fort Worth, TX  76102 www.qrinc.com  

Quicksilver Resources Inc. Announces Repurchase of Its 1.875%

Convertible Subordinated Debentures Due 2024

FORT WORTH, TEXAS (September 30, 2011) – Quicksilver Resources Inc. (NYSE: KWK) announced today that holders of our 1.875% Convertible Subordinated Debentures Due 2024 (CUSIP No. 74837RAB0) (the “Notes”) have the right to require Quicksilver to repurchase their Notes in cash on November 1, 2011 (the “Repurchase Date”). As of September 29, 2011, there were $150,000,000 aggregate principal amount of Notes outstanding. The Bank of New York Mellon, the trustee, has sent the notice of repurchase to registered Note holders.

If the holders require Quicksilver to repurchase their Notes, we will pay a repurchase price equal to the principal amount thereof, excluding accrued and unpaid interest. Interest on the Notes will be paid on November 1, 2011 to holders of record on the October 15, 2011 record date.  The repurchase price for any Notes surrendered for repurchase will not include any accrued and unpaid interest.

Holders may exercise their repurchase right until the close of business on October 31, 2011.  To exercise their repurchase right, Holders need to deliver  to The Bank of New York Mellon, as the paying agent, at the address below, a written notice of repurchase at any time from October 11, 2011 until October 31, 2011 stating, (i) if certificated, the certificate numbers of the Notes which the holder will deliver to be repurchased, (ii) the portion of the principal amount of Notes that the holder will deliver to be repurchased; and (iii) that such Notes will be repurchased as of the Repurchase Date under the terms and conditions specified in the Notes and in the indenture governing the Notes, and by physical delivery or book-entry transfer of the Notes (together with all necessary endorsements) to the paying agent simultaneously with, or at any time after, delivery of the written notice of repurchase. The delivery or transfer of the Notes is a condition to receiving the repurchase price. The repurchase price will be paid pursuant to the indenture only if the Notes delivered or transferred conform in all respects to the description in the related written notice of repurchase.

At any time prior to the close of business on October 31, 2011, any holder who has delivered a written notice of repurchase has the right to withdraw the notice by delivering a written notice of withdrawal to the paying agent specifying, (i) the certificate number, if any, of the Note in respect of which the notice of withdrawal is being submitted, or the appropriate information required by The Depository Trust Company (“DTC”) if the Note in respect of which such notice of withdrawal is being submitted is represented by a global note, (ii) the principal amount of the Note with respect to which the notice of withdrawal is being submitted; and (iii) the principal amount, if any, of the Note which remains subject to the original written notice of repurchase and which has been or will be delivered for repurchase by Quicksilver.

 - more -

  NEWS RELEASE PAGE 2 OF 3

Upon the occurrence of certain events described in the indenture, the Notes may become convertible into Quicksilver shares according and subject to the terms of the indenture. The current conversion rate for the Notes is 65.4418 of Quicksilver shares per $1,000 principal amount of Notes. If a holder has delivered a written notice of repurchase, the Notes may be converted (provided the Notes are otherwise eligible for conversion) only if the written notice of repurchase is withdrawn prior to the close of business on October 31, 2011, subject to compliance with the conversion procedures in the indenture. As of the date of this notice, the Notes are not eligible for conversion.

The Notes being delivered for repurchase (or conversion, if applicable) should be surrendered to the paying agent for the payment of the repurchase price (or the conversion agent in case the Notes become eligible for conversion and are being converted) as follows:

The Bank of New York Mellon Corporation

Corporate Trust – Reorganization Unit

101 Barclay Street – 7 East

New York, NY 10007

Attn: Mr. William Buckley

Telephone:    (212) 815-5788

Fax:                  (212) 298-1915

The method chosen for the delivery of the Notes is at the option and risk of the holder of the Notes. If delivery is by mail, use of registered or certified mail, properly insured, is suggested. Notes held through the DTC should be surrendered for repurchase or conversion in accordance with DTC’s procedures.

Each holder of the Notes should review the notice of repurchase carefully and consult with their own financial and tax advisors with respect to the matters discussed in the notice.  None of Quicksilver, our board of directors, officers or other representatives, nor the trustee or the paying agent, is making any representation or recommendation to any holder of the Notes as to whether to surrender Notes for repurchase.

The CUSIP number is included solely for the convenience of the holders of the Notes. No representation is made as to its correctness. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Quicksilver Resources

Fort Worth, Texas-based Quicksilver Resources is an independent oil and gas company engaged in the exploration, development and acquisition of oil and gas, primarily from unconventional reservoirs including gas from shales, coal beds and tight sands in North America.  The company has U.S. offices in Fort Worth, Texas; Glen Rose, Texas; Steamboat Springs, Colorado and Cut Bank, Montana.  Quicksilver’s Canadian subsidiary, Quicksilver Resources Canada Inc., is headquartered in Calgary, Alberta and has an office in Fort Nelson, British Columbia.  For more information about Quicksilver Resources, visit www.qrinc.com.

 - more -

  NEWS RELEASE PAGE 3 OF 3

# # #

Investor & Media Contact:

John Hinton

(817) 665-4990

KWK 11-14

- end -