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


To: Ronald J. Clark who wrote (539)3/31/2000 8:36:00 PM
From: Dave M  Read Replies (1) | Respond to of 686
 
I read the 10-k, what was so negative that the stock went down? Pulled this out of the report:

OIL AND GAS RESERVES The following table sets forth certain information about the estimated proved reserves of the Company as of December 31, 1999 (See Item 1. Business - Estimates of Oil and Gas Reserves). Oil (MBbls) Gas (MMcfs) Proved developed: 402 8,810 Proved undeveloped: 1,792 6,318 Total proved: 2,194 15,128 Estimated pre-tax future net cash flows (000's) $59,056 Discounted pre-tax future net cash flows (000's) $43,069

Anyone care to give an estimated value per share for the reserves?

Dave M