Key Developments: PetroQuest Energy Inc (PQ)

PQ on New York Consolidated

4.83USD
24 May 2013
Price Change (% chg)

$0.03 (+0.62%)
Prev Close
$4.80
Open
$4.82
Day's High
$4.83
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$4.71
Volume
130,989
Avg. Vol
432,456
52-wk High
$7.05
52-wk Low
$3.55

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Latest Key Developments (Source: Significant Developments)

Petroquest Energy Inc Issues FY 2013 Production Guidance
Tuesday, 5 Feb 2013 04:01pm EST 

Petroquest Energy Inc announced that for fiscal 2013, it expects production to average between 90 and 95 MMcfe per day with approximately 80%, 8% and 12% to be derived from natural gas, oil and natural gas liquids.  Full Article

Petroquest Energy Inc Announces Sale Of Fayetteville Assets
Monday, 7 Jan 2013 03:08pm EST 

Petroquest Energy Inc announced that on December 31, 2012, the Company completed the sale of its Fayetteville Shale assets (100% non-operated) located in Arkansas for net proceeds of approximately $9.2 million, subject to customary post-closing adjustments.  Full Article

Petroquest Energy Inc Issues Q4 2012 Production Guidance
Wednesday, 7 Nov 2012 05:30am EST 

Petroquest Energy, Inc. announced that for the fourth quarter of 2012, it expects production volumes of 94-98 MMcfe/d.  Full Article

Petroquest Energy Inc Updates Q3 2012 Production Guidance
Tuesday, 30 Oct 2012 07:02am EDT 

Petroquest Energy Inc announced that it estimates that between 0.1 and 0.2 Bcfe of net production was deferred from the third quarter of 2012 as a result of down-time caused by Hurricane Isaac. No damage occurred at any of the Company's Gulf Coast properties and all production has been restored to pre-storm levels. In addition, as a result of extended third party pipeline downtime, the Company experienced a delay in initiating production from the second La Cantera well and the La Cantera field has been flowing at restricted production rates since the pipeline became operational. As a result, the Company expects its third quarter 2012 production to be slightly above 92 Mmcfe per day, which is within the range of its previously issued production guidance.  Full Article

Petroquest Energy, Inc. Issues Q3 2012 Production Guidance; Raises FY 2012 Production Guidance
Thursday, 2 Aug 2012 06:30am EDT 

Petroquest Energy, Inc. announced that for the third quarter of 2012, it expects production volumes of 92-97 MMcfe/d. For fiscal 2012, the Company now expects production volumes of 92-97 MMcfe/d.  Full Article

Petroquest Energy, Inc. Issues Q2 2012 Production Guidance; Raises FY 2012 Production Outlook
Thursday, 3 May 2012 05:30am EDT 

Petroquest Energy, Inc. announced that for the second quarter of 2012, it expects production volumes of 90-95 MMcfe/d. For fiscal 2012, it now expects production volumes of 90-95 MMcfe/d.  Full Article

Petroquest Energy, Inc. Issues FY, Q1 2012 Production Guidance
Wednesday, 1 Feb 2012 05:30am EST 

Petroquest Energy, Inc. announced that it projects fiscal 2012 production to average between 87 and 92 MMcfe per day with approximately 80%, 9% and 11% to be derived from natural gas, oil and natural gas liquids, respectively. The Company projects first quarter 2012 production to average between 86 and 90 MMcfe per day with approximately 83%, 10% and 7% to be derived from natural gas, oil and natural gas liquids, respectively.  Full Article

Petroquest Energy, Inc. Issues Q4 2011 Production Guidance
Thursday, 3 Nov 2011 05:30am EDT 

Petroquest Energy, Inc. announced that for the fourth quarter of 2011, it expects production of approximately 84-88MMcfe/d.  Full Article

Petroquest Energy, Inc. Announces Closing Of Mississippian Lime Acquisition
Tuesday, 13 Sep 2011 05:30pm EDT 

Petroquest Energy, Inc. announced that the Company has closed its Mississippian Lime acquisition of 28,250 acres for an adjusted purchase price of $24,100,000. The acreage is located in Pawnee County, Oklahoma and has approximately 50 Boe/d of production and five saltwater disposal wells. Approximately 4,500 of the 28,250 acres are held by production with the remaining acreage subject to multi-year leases. Subsequent to the closing of this acquisition, the Company sold a 50% working interest in the Pawnee County acreage for approximately $14,500,000. After completing this acquisition and subsequent sell down, the Company has approximately 24,000 net acres in Pawnee, Grant and Kay Counties in Oklahoma and Sumner County, Kansas.  Full Article

Petroquest Energy, Inc. Issues Q3 2011 Production Guidance; Reaffirms FY 2011 Production Outlook
Thursday, 4 Aug 2011 05:30am EDT 

Petroquest Energy, Inc. announced that for the third quarter of 2011, it expects production of approximately 80-84MMcfe/d. For fiscal 2011, it expects production volumes of 80 - 88 MMcfe/d.  Full Article

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