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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (369)7/14/1999 10:19:00 AM
From: andrew r harwood  Read Replies (1) | Respond to of 686
 
I have heard some rumors that the turle bayou well currently drilling is likely to be a good well also .if you compare petroquest with ocean energy which has a mountain of debt ocean is up 300% from the bottom of around 4,petroquest in contradistinction is only up about 25-30% so i really think the potential is here for a 2-3bagger over the next few months .it shouldnt take too long to pay off the well at these production rates and prices .its hard to imagine why anyone who owns petroquest right now would sell and there clearly has been some buying so i really dont think that it will take much to really start pushing up the price . just my opinion of course and im often wrong.arh