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

To: Dave M who wrote (210)	4/21/1998 3:47:00 PM
From: Bob Jagow	Respond to of 686

Dave, In preparation for the merger, they filed an 8-K today which gives pro forma financial statements for the 1996 and 1997 fiscal years reflecting the combination of the Company with American Explorer. freeedgar.com Pretty complicated, but does show the end of '97 book value was $25,738,202, in agreement with your number. Bob

To: Dave M who wrote (210)	4/24/1998 10:07:00 AM
From: Ted Clark	Read Replies (1) \| Respond to of 686

Good Morning Dave and Bob Yes the 8K filing does show the Pro Forma balance sheet for the two companies. It is available from the Optima web site and Edgar and of course the SEC. The merger is proceeding as planned with approval from the SEC in the next few weeks. Once we have the green light from the SEC we will release more information on the union between OPP and AMEX and what it all means to the shareholders. Its a quiet period and we'll tell more as soon as we can. Please call or e-mail if you have any questions. Best personal regards, Ted Clark Optima Petroleum