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PetroQuest Energy Announces a 37% Increase to Its Estimated Proved Oil and Gas Reserves and Updates Its 2011 Production

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My news for Investors AtLeast one of the check box should be selected You are following news about Follow the latest news about PQ , Jan. 31, 2012 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today that the Company ended 2011 with approximately 265 Bcfe of estimated proved oil and gas reserves having a pre-tax discounted value ("PV-10") of approximately $341.3 million. This represents a 37% increase in estimated proved reserves from December 31, 2010 and is a new Company record. The Company's estimated proved reserves at December 31, 2011 were comprised of 91% natural gas, 3% oil and 6% natural gas liquids. In addition, approximately 91% of the reserves were located in...

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