Petroquest Energy, Inc. (NYSE: PQ) reported Q4’11 and year-end results, provided guidance for 2012, and announced an amendment to its Woodford Shale joint development agreement (JDA) to include an expansion into PetroQuest’s Mississippian Lime play.

PQ reported Q4’11 net income of $2.8 million, or $0.04 per share, compared to net income of $2.1 million, or $0.03 per share during Q4’10. Oil and gas revenues for Q4’11 totaled $38.0 million, compared to $43.4 million during Q4’10. Production during Q4’11 averaged 87 MMcfe/d compared to 86.3 MMcfe...


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