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

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To: Dave M who wrote (297)4/7/1999 1:31:00 PM
From: andrew r harwood  Read Replies (1) of 686
 
well i live in acadiana and have just purchased some petroquest over the last couple of days .a friend of mine who is in the gulf drilling department ina major here told me about it . the recently announced gas well in the gulf is a great well .they also apparently have several great 3d seismic targets to drill in some previously prolific fields .he is buying some and told me about it .with commodities bouncing back some this really looks like a great buy .the company doesnt have much debt and provided the new gas well gets on stream without problems then that would almost pay for the company in a year .hard to see much downside from here .i bought it with a 1-2year hold ,i could easily see this being a 10 bagger. arh
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