LAFAYETTE, La., Feb. 14, 2017 /PRNewswire/ -- In conjunction
with PetroQuest Energy's (NYSE: PQ) release of its 2016 year-end
and fourth quarter financial results, you are invited to listen to
the conference call with management that will be webcast live on
Wednesday, March 8, 2017 at
9:30 a.m. Eastern Time. The
Company plans to release its results after the market closes on
March 7, 2017.
What:
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PetroQuest Energy,
Inc. 2016 Year-End and Fourth Quarter Earnings Conference
Call
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|
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When:
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Wednesday, March 8,
2017, 9:30 a.m. Eastern Time
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|
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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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|
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Webcast:
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Live and rebroadcast
at http://www.petroquest.com
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|
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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
10101270
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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, 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 the Company 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 estimate of the sufficiency of our
existing capital sources, including availability under our new
multi-draw term loan facility; our ability to post additional
collateral to satisfy our offshore decommissioning obligations; our
ability to execute our 2017 drilling and recompletion program as
planned and to increase our production; our ability to hedge future
production to reduce our exposure to price volatility in the
current commodity pricing market; our ability to find, develop and
produce oil and natural gas reserves that are economically
recoverable and to replace reserves and sustain and/or increase
production; 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 multi-draw term loan facility and
restrictive debt covenants; 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; and
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. In particular, careful
consideration should be given to cautionary statements made in the
various reports the Company has filed with the SEC. The Company
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:
|
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-2016-year-end-and-fourth-quarter-earnings-conference-call-300407373.html
SOURCE PetroQuest Energy, Inc.