PetroQuest Energy, Inc (PQUE and T.PQU) Message Board

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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU)

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To: Ed Ajootian who wrote (363)	6/30/1999 2:17:00 PM
From: andrew r harwood	Read Replies (2) of 686

I talked to the company today.high island is going on stream friday or saturday after some delays.turlte bayou well is being spudded very shortly following some delays due to getting core of engineers permitting for a new canal and another well will likely spud in the valentine field in august.the price of gas is holding up very well .all this appears very positive and the stock price is creeping up but only up 25-30% compared to 200-300% for companies like ocean.i still think petroquest is an out and out steal at these prices and within 3-6months should be an easy double or more as revenue accrues from high island.with the increase in the price of oil and gas they will be able to revalue upward the value of thier reserves ,the opposite of what happened a few months ago .great spec in my opinion.arh

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