Current PQ Stock Info

Looking to replicate Texas Austin Chalk results
Lafayette, Louisiana-based PetroQuest Energy (ticker: PQ) announced its entry into an oil focused play in central Louisiana today, targeting the Austin Chalk.

PetroQuest will acquire interests in 24,600 gross acres, for a purchase price of about $18 million. This acreage will target the Austin Chalk formation, the same formation that is targeted in many locations in the Eagle Ford.

Source: PetroQuest

The company is looking to replicate the improvements seen in the Karnes County Austin Ch...


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