SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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): February 26, 2002


                           QUICKSILVER RESOURCES INC.
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             (Exact name of registrant as specified in its charter)

                                    DELAWARE
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                 (State or other jurisdiction of incorporation)

        001-14837                                          75-2756163
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(Commission File Number)                       (IRS Employer Identification No.)

                            777 West Rosedale Street
                             Fort Worth, Texas 76104
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               (Address of principal executive offices) (Zip code)

      (Registrant's telephone number, including area code): (817) 665-5000

                                       N/A
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          (Former name or former address, if changed since last report)







ITEM 5.  Other Events

     On March 31, 1997, MSR Exploration Ltd., formerly known as Mercury Montana,
Inc.,  issued  warrants  to acquire a total of  11,337,500  shares of its common
stock at a weighted  average  exercise price per share of $1.66.  We assumed the
MSR  warrants  in the  merger of MSR into us on March 4,  1999 and the  warrants
became at that time  warrants  to  purchase a total of  1,133,750  shares of our
common  stock.  As  of  February  26,  2002,  there  were  warrants  outstanding
representing rights to acquire a total of 985,750 shares of our common stock, at
a weighted average exercise price per share of $16.61.

     On February 26, 2002, eleven holders of the warrants  transferred  warrants
exercisable  for  430,000  shares of our common  stock at an  exercise  price of
$12.50 per share to five unrelated  purchasers.  Those  purchasers  subsequently
exercised the warrants they  acquired.  We issued  430,000  shares of our common
stock upon such exercise and received $5,375,000 in proceeds.

     On March 20, 2002, we entered into an agency  agreement with Sanders Morris
Harris Inc.  pursuant to which Sanders Morris identified for nine holders of the
warrants a purchaser of warrants  exercisable  for 495,000  shares of our common
stock at an exercise  price of $20.00 per share.  The  purchaser  exercised  the
warrants it  acquired.  We issued  495,000  shares of our common stock upon such
exercise and received  $9,900,000 in proceeds.  We paid Sanders Morris 3% of the
proceeds  received  upon the  exercise  of such  warrants,  or  $297,000  in the
aggregate.

     Also on March 20,  2002,  two  holders of warrants  exercisable  for 55,000
shares of our common  stock at an exercise  price of $20.00 per share  exercised
their warrants. We received proceeds of $1,100,000 upon such exercise.

     Currently,  of all the warrants we assumed from MSR on March 4, 1999,  only
one warrant, covering 5,750 shares of our common stock, remains unexercised.  It
is exercisable at an exercise price per share of $.10 and expires on October 31,
2002.

                                    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 thereunto duly authorized.

Date:  April 2, 2002              QUICKSILVER RESOURCES INC.
                                  (Registrant)



                                  By: /s/ Bill Lamkin
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                                  Bill Lamkin, Executive Vice President,
                                  Chief Financial Officer and Secretary