PetroQuest Energy, Inc. (PQ) announced today that it has initiated production from its Thunder Bayou discovery well (NRI – 37%) in Vermilion Parish, LA. The Company plans to monitor the production facility’s performance over the next week as it increases the well’s production to its previously announced expected gross rate of approximately 38,000 Mcfe per day.
About the Company
PetroQuest Energy, Inc. is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in Texas, Oklahoma, Louisiana and the shallow waters of the Gulf of Mexico. PetroQuest’s common stock trades on the New York Stock Exchange under the ticker PQ.