PetroQuest Energy (PQ) To Offer 10M Shares

June 23, 2009 4:03 PM EDT

PetroQuest Energy, Inc. (NYSE: PQ) has commenced an underwritten public offering of 10,000,000 shares of its common stock.

The Company intends to use the net proceeds from the offering for general corporate purposes, including to fund capital expenditures related to its exploration and development drilling program.


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PQ 6.60

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