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Quicksilver elects new board member

FORT WORTH, Texas (AP) -- The oil and gas company Quicksilver Resources Inc. said Thursday that it has elected an energy industry veteran Michael McGovern to its expanded board of directors.

McGovern, 61, is an executive adviser to Cadent Energy Partners LLC, a private equity firm investing in the energy industry and has served in leadership roles at a number of energy companies.

He will serve a term that ends this year and stand for re-election at the May annual shareholders meeting.

His appointment expands the size of Quicksilver's board to eight members.

McGovern also serves on the boards of directors of GeoMet Inc., Long Run Exploration Ltd., Array Holdings Inc., Sonneborn Inc. and Cactus Wellhead LLC.

Quicksilver shares rose 9 cents, or 3.9 percent, to $2.38 in midday trading. They have traded in a 52-week range of $1.62 to $5.97.