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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU)
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To: andrew r harwood who wrote (305)4/11/1999 9:05:00 PM
From: Ed Ajootian  Read Replies (2) of 686
 
Andrew,

PQUE is stuck dead in the water, no matter what happens to near-term gas prices, because they are broke. See the 10KSB. They are still at negative cash flows until that new well gets hooked up. Last I heard they were shooting for a June date for inception of production.

Once they get the above well producing they can go back to the bank & walk out with some more money to go play with.
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