Charles Goodson, Chief Executive Officer, and Bond Clement, Chief Financial Officer of PetroQuest Energy (NYSE: PQ), presented today at EnerCom’s The Oil & Services Conference™ 13. PetroQuest Energy, Inc. is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, Texas, Louisiana and the shallow waters of the Gulf of Mexico.

During the company’s breakout session, management was asked the following questions:

  • What changes if we see $2.50 natural gas price?
  • What happened on Mallard well? Is your confidence higher on remaining wells?
  • Was Thunder Bayou generated in house?
  • You discussed drilling a second well at Thunder Bayou. Why, and what is the estimated cost?
  • What is the current perception of your institutional investors? Any deterioration?
  • If price recovers and cash flow improves, where would you invest?
  • How confident are you in NGL pricing?
  • Did Pintail well spud? What are the next wells you will complete?

Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. The company or companies covered in this note did not review the note prior to publication.


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