PetroQuest Energy, Inc. (OTCMKTS:PTQEP) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
PetroQuest Energy, Inc. (OTCMKTS:PTQEP) Files An 8-K Regulation FD Disclosure
On May 26, 2017, PetroQuest Energy, Inc. (the “Company”) issued a news release announcing that it has extended the expiration date of its offer to exchange (i) up to $14,177,000 of 10% Second Lien Senior Secured Notes due 2021 that have been registered under the Securities Act of 1933 for any and all outstanding $14,177,000 of 10% Second Lien Senior Secured Notes due 2021 that have not been registered under the Securities Act of 1933, and (ii) up to $251,867,646 of 10% Second Lien Senior Secured PIK Notes due 2021 that have been registered under the Securities Act of 1933 for any and all outstanding $251,867,646 of 10% Second Lien Senior Secured PIK Notes due 2021 that have not been registered under the Securities Act of 1933, until 5:00 p.m., New York City time, on June 2, 2017, unless further extended by the Company at its sole discretion. A copy of the news release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information set forth in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Number Description of Exhibit
99.1 News Release dated May 26, 2017.
About PetroQuest Energy, Inc. (OTCMKTS:PTQEP)
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. (OTCMKTS:PTQEP) Recent Trading Information
PetroQuest Energy, Inc. (OTCMKTS:PTQEP) closed its last trading session 00.00 at 19.25 with 36,500 shares trading hands.
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. (OTCMKTS:PTQEP) Recent Trading Information
PetroQuest Energy, Inc. (OTCMKTS:PTQEP) closed its last trading session 00.00 at 19.25 with 36,500 shares trading hands.
