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

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To: Toni Wheeler who wrote (420)8/15/1999 11:49:00 AM
From: Ed Ajootian  Read Replies (2) of 686
 
Toni,

Had not heard or seen the names of Vastar or Burlington in connection with PQUE until that release. Nice to see that they are finally getting into name dropping.

Did not know about the Eugene Island or Ship Shoal prospects. These were likely generated by the offshore exploration office they set up in Houston. Will obviously ask for the lowdown on this stuff from Bob.

Once the 2nd quarter numbers come out it will be easy to figure the impact of the High Island well to this company. The company from here on out will have not only healthy cash flow but also positive earnings.

I really think the event that's gonna provide the spark for this thing is the issuance of an AFE for Valentine.
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