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Crestwood Midstream Responds to Quicksilver Bankruptcy Filing

HOUSTON--(BUSINESS WIRE)--Crestwood Midstream Partners LP (NYSE:CMLP) (“Crestwood”) announced today Quicksilver Resources Inc. (“Quicksilver”), a gathering and processing customer in the Barnett Shale, has filed for protection under Chapter 11 of the U.S. Bankruptcy code. As announced previously, Crestwood has been preparing for this event for some time and expects to actively participate in the bankruptcy proceedings. Crestwood’s gathering and processing systems are integral to Quicksilver’s Barnett Shale operations, as a substantial amount of their revenues are derived from the sale of natural gas and natural gas liquids produced from acreage dedicated to Crestwood.