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-PetroQuest Energy, Inc completes Mississippian Lime acquisition.

International Resource News-September 14, 2011--PetroQuest Energy, Inc completes Mississippian Lime acquisition(C)1994-2011 ENPublishing - http://www.enpublishing.co.uk

International Resource News - 14 September 2011

PetroQuest Energy, Inc. (NYSE: PQ), an independent energy company, has completed its Mississippian Lime acquisition of 28,250 acres.

The deal is valued at an adjusted purchase price of USD24,100,000.

The acreage is situated in Pawnee County, Oklahoma, and has around 50 Boe/d of production and five saltwater disposal wells.

[Editorial queries for this story should be sent to irn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com)).END.PUB430>PDSeptember 14, 2011>JNINTERNATIONAL RESOURCE NEWS.PRICEDATENOT APPLICABLE.DAY

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Publication:International Resource News (IRN)
Date:Sep 14, 2011
Words:110
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