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PetroQuest Energy Announces Acquisition Of Shallow Water Gulf Of Mexico Assets And Acceleration Of Its Onshore Programs; Updates 2013 And Provides 2014 Production Guidance (Petroquest Energy Inc)

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(Source: Petroquest Energy Inc) PetroQuest Energy Announces Acquisition Of Shallow Water Gulf Of Mexico Assets And Acceleration Of Its Onshore Programs; Updates 2013 And Provides 2014 Production Guidance LAFAYETTE, La., June 19, 2013/PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today that it has entered into definitive agreements to acquire certain shallow water Gulf of Mexicoproducing properties (the "Acquired Assets") for approximately $193 millionin cash.  The transactions will be effective as of January 1, 2013and are expected to close in July 2013, subject to customary closing conditions. Transaction Overview Average daily net production from the...

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