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PetroQuest Details MissLime Results, Woodford Wells

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PetroQuest Details MissLime Results, Woodford Wells

In addition to its Fayetteville Shale asset sale, PetroQuest Energy, Inc. has reported an operations update.

Gulf Coast

In the Gulf Coast, the Company recently installed downstream compression equipment at its La Cantera field to expand the takeaway capacity. As a result, the Company has increased its total daily gross production to approximately 82,000 Mmcfe (21% liquids). The Company continues to adjust its downstream compression and modify certain facility equipment to further optimize the takeaway and processing capacity from this field. Additional capacity is expected to be available during the second quarter of 2013.  At that time, the Company expects to increase the natural gas liquids recoveries from the Thibodeaux #1 and Broussard Estates #2 wells.  

The Company expects to spud…

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