| Business Summary | | PetroQuest
Energy,
Inc.
is
an
independent
oil
and
gas
company
engaged
in
the
generation,
exploration,
development,
acquisition
and
operation
of
oil
and
gas
properties
onshore
and
offshore
in
the
Gulf
Coast
Region.
The
Company
plans
to
increase
production,
cash
flow
and
reserves
through
generation,
exploration,
development
and
acquisition
of
properties
located
in
the
Gulf
Coast
Region.
PetroQuest
operates
13
fields
representing
approximately
89%
of
the
total
discounted
cash
flow
attributable
to
estimated
proved
reserves.
As
of
December
31,
2000,
the
Company's
estimated
proved
reserves
totaled
3,115
thousand
barrels
(MBbl)
of
oil
and
30,135
million
cubic
feet
(MMcf)
of
natural
gas,
with
pre-tax
present
value
discounted
at
10%
of
the
estimated
future
net
revenues
based
on
constant
prices
in
effect
at
year
end
(discounted
cash
flow)
of
$256,867,000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PetroQuest
Energy
is
an
oil
and
gas
exploration
and
production
company
focused
on
growing
its
reserves
through
a
combination
of
drilling
development
locations
and
high
potential
exploration
prospects
along
and
in
the
Gulf
of
Mexico.
For
the
six
months
ended
6/30/01,
net
revenues
totaled
$27.4
million,
up
from
$7
million.
Net
income
totaled
$8
million,
up
from
$2
million.
Results
reflect
increased
oil
and
gas
production
volumes
due
to
new
producing
wells. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charles Goodson, 45 Chairman,
CEO | $323K | Alfred Thomas, II, 64 Pres,
COO, Director | 323K | Michael Aldridge, 42 CFO,
Sr. VP, Sec., Director | 224K | Ralph Daigle, 53 Sr.
VP of Exploration | 273K | Daniel Fournerat, 47 Sr.
VP, Gen. Counsel, Director | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|