LAFAYETTE, La., Oct. 18, 2016 /PRNewswire/ -- In conjunction
with PetroQuest Energy's (NYSE: PQ) release of its third quarter
2016 financial results, you are invited to listen to the conference
call with management that will be webcast live on Tuesday, November 1, 2016 at 9:30 a.m. Eastern Time. The Company plans
to release its results after the market closes on October 31, 2016.
What:
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PetroQuest Energy,
Inc. Third Quarter 2016 Earnings Conference Call
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When:
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Tuesday, November 1,
2016, 9:30 a.m. Eastern Time
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Call:
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1-888-348-8935 for
callers in the U.S.
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1-855-669-9657 for
callers in Canada
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1-412-902-4249 for
international callers outside the U.S. and Canada
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Webcast:
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Live and rebroadcast
at http://www.petroquest.com
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Contact:
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Matt Quantz,
Manager-Corporate Communications
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Replay:
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Two weeks at
http://www.petroquest.com and 48 hours at 1-844-512-2921 (U.S.) or
1-412-317-6671 (International), Replay Conference Code
10094473
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About the Company
PetroQuest Energy, Inc. is an
independent energy company engaged in the exploration, development,
acquisition and production of oil and natural gas reserves in
East Texas, Oklahoma, South
Louisiana and the shallow waters of the Gulf of
Mexico. PetroQuest's common stock trades on the New York
Stock Exchange under the ticker PQ.
Forward-Looking Statements
This news release
contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All
statements other than statements of historical fact included in
this news release are forward-looking statements. Although
PetroQuest believes that the expectations reflected in these
forward-looking statements are reasonable, these statements are
based upon assumptions and anticipated results that are subject to
numerous uncertainties and risks. Actual results may vary
significantly from those anticipated due to many factors, including
the volatility of oil and natural gas prices and significantly
depressed oil prices since the end of 2014; our indebtedness and
the significant amount of cash required to service our
indebtedness; our ability to reduce leverage or refinance our
remaining 10% Senior Unsecured Notes due 2017; our estimate of the
sufficiency of our existing capital sources, including no current
availability under our bank credit facility and the result of any
future borrowing base redetermination; our ability to post
additional collateral to satisfy our offshore decommissioning
obligations; our ability to hedge future production to reduce our
exposure to price volatility in the current commodity pricing
market; ceiling test write-downs resulting, and that could result
in the future, from lower oil and natural gas prices; our ability
to raise additional capital to fund cash requirements for future
operations; limits on our growth and our ability to finance our
operations, fund our capital needs and respond to changing
conditions imposed by our bank credit facility and restrictive debt
covenants; our ability to find, develop and produce oil and natural
gas reserves that are economically recoverable and to replace
reserves and sustain production; approximately 50% of our
production being exposed to the additional risk of severe weather,
including hurricanes, tropical storms and flooding, and natural
disasters; losses and liabilities from uninsured or underinsured
drilling and operating activities; changes in laws and governmental
regulations as they relate to our operations; the operating hazards
attendant to the oil and gas business; the volatility of our stock
price; our ability to meet the continued listing standards of the
New York Stock Exchange with respect to our common stock or to cure
any deficiency with respect thereto; and our ability to pay
dividends on our Series B Preferred Stock. In particular, careful
consideration should be given to cautionary statements made in the
various reports PetroQuest has filed with the SEC. PetroQuest
undertakes no duty to update or revise these forward-looking
statements.
Click here for more information:
http://www.petroquest.com/news.html?=BizID=1690&1=1
For further
information, contact:
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Matt Quantz,
Manager-Corporate Communications
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(337)
232-7028
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To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/petroquest-energy-inc-invites-you-to-join-its-third-quarter-2016-earnings-conference-call-300347040.html
SOURCE PetroQuest Energy, Inc.