PETROQUEST ENERGY, INC. (NYSE:PQ) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure
a press release providing an update on its fourth quarter 2016
production guidance, East Texas and Thunder Bayou operations and
hedge position. This press release is filed as Exhibit 99.1 to
this Form 8-K and is incorporated herein by reference.
foregoing information, including Exhibit 99.1, shall not be
deemed filed for the purposes of Section 18 of the Securities
Exchange Act of 1934 or otherwise subject to the liabilities of
that section, nor shall such information and Exhibit be deemed
incorporated by reference in any filing under the Securities Act
of 1933 or the Exchange Act, except as shall be expressly set
forth by specific reference in such a filing.
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Exhibit Number
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Description of Exhibit
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99.1
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Press Release dated January 9, 2017.
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About PETROQUEST ENERGY, INC. (NYSE:PQ)
PetroQuest Energy, Inc. is an oil and gas company. The Company is engaged in exploratory, development and acquisition activities. The Company has approximately 30 gross exploratory wells and over 30 gross development wells. The Company has reserves in various areas, including East Texas, Gulf Coast Basin and Oklahoma Woodford. Its annual production from East Texas area is approximately 114.1 billions of cubic feet equivalent (Bcfe); Gulf Coast Basin is over 43.9 Bcfe, and Oklahoma Woodford is approximately 20.0 Bcfe. The net production from its East Texas assets averages over 30.4 millions of cubic feet equivalent (MMcfe) per day. Production from Gulf Coast Basin area totals approximately 37.8 MMcfe per day. The average daily production from its Oklahoma-Woodford properties totals over 25 MMcfe per day. The Company sells its oil and natural gas production under fixed or floating market contracts. PETROQUEST ENERGY, INC. (NYSE:PQ) Recent Trading Information
PETROQUEST ENERGY, INC. (NYSE:PQ) closed its last trading session down -0.12 at 3.77 with 42,091 shares trading hands.
