PetroQuest Energy, Inc. (PQ) announced today that its Thunder Bayou discovery well (NRI – 37%) in Vermilion Parish, LA is currently producing at a gross daily rate of approximately 28,000 Mcf of gas, 900 Bbls of oil and 1,200 Bbls of natural gas liquids. The 41 MMcfe/d gross production rate is above the Company’s previously stated expected rate of 38 MMcfe/d. The well is currently flowing on a 22/64th inch restricted choke and has been producing at these aforementioned daily rates for approximately two weeks.
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.