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PetroQuest Energy, Inc.
Overview
Independent oil and gas exploration and production company PetroQuest Energy once focused its quest for petroleum on the hydrocarbon-rich and high margin Gulf Coast Basin, but in the last decade, in order to diversify its reserve base and allow it more financial flexibility, it has looked to grow its assets in long-lived, lower risk basins onshore. PetroQuest estimates its 2018 production was a little more than 21 billion cubic feet equivalent (bcfe) ...
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of gas (about 75% of production), oil (9%), and natural gas liquids (16%). PetroQuest Energy filed for Chapter 11 bankruptcy protection in late 2018 and emerged early the following year.
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Coal Mining Metal Ore Mining Nonmetallic Mineral Mining and Quarrying Oil and Gas Extraction
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