Exploration & Production | Drilling / Well Results | Top Story
PetroQuest Turns on Taps in the Woodford; Ups Cotton Valley Rig Count
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PetroQuest Energy, Inc. has reported an update on its first quarter operations and guidance, as well as results from the most recent borrowing base redetermination.
Charles T. Goodson, Chairman, Chief Executive Officer and President, commented: "We are very excited about our initial West Relay Woodford results where the first group of wells is exceeding our pre-drill expectations. The West Relay success has added to our multi-year portfolio of development opportunities. With our onshore acceleration programs in the Woodford and Cotton Valley underway, we are enthusiastic about our near-term activity in each of our basins and maintain our outlook for a record year of both reserve and production growth."
WoodfordThe Company completed and placed on production six operated liquids-rich…
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