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

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To: Ed Ajootian who wrote (40)5/7/1997 7:15:00 AM
From: Ronald J. Clark   of 686
 
Trinidad Tobago? What specail expertise does this tiny company have that would make going there worthwhile? OPPCF doesn't have adequate capital to develope large scale projects. Even if they sell Wildhay (by the way, what is the explanation for selling the only porject they operate?), if the price is in the $1.00/share area, that only adds up to $12,000,000! A drop in the oil and gas exploration bucket. If anyone has any info or comments, please let me know.

P.S. Trinidad Tobago announcement didn't exactly set OPPCF stock on fire. It now sits at low for past 2-3 years.

Ron Clark
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