PetroQuest Energy (NYSE:PQ) is an independent oil and natural gas company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in Oklahoma, Texas, the Gulf Coast Basin, Arkansas and Wyoming. Over the last several years, the company has diversified its asset base from long-lived assets on the Gulf Coast, to emerging liquids rich plays in the Mid-Continent, Texas, and Wyoming. However, faith in the long-lived Gulf Coast assets was restored in March 2012, as PQ and partners announced the Thibodeaux #1...


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