PetroQuest Energy Inc. announced that it has entered into Supplemental Indenture No. 1 to the Indenture, dated as of February 8, 2019, relating to the Company’s 10% Senior Secured PIK Notes due 2024 , which amends certain terms of the PIK Notes Indenture. As a result of the amendments, PetroQuest is no longer obligated to voluntarily file annual or other reports as are specified in Sections 13 and 15 of the [...]
PetroQuest Energy Inc. today announced that the conditions to effectiveness of the Company’s Chapter 11 Plan of Reorganization, which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on January 31, 2019, have been satisfied and the Company has emerged from bankruptcy. Through this process, the Company has enhanced its balance sheet position by eliminating approximately $295 [...]
Files for Chapter 11 to Implement Agreed Plan PetroQuest Energy Inc. today announced that it and certain of its direct and indirect subsidiaries entered into a restructuring support agreement with its first lien lenders and second lien noteholders to permanently reduce its debt and the related interest expense in ways that support the long-term growth and success of the business. To implement the RSA and thus achieve its [...]
PetroQuest Energy Inc. today announced a loss to common stockholders for the quarter ended September 30, 2018 of $4,979,000, or $0.19 per share, compared to third quarter 2017 loss to common stockholders of $3,085,000, or $0.15 per share. For the first nine months of 2018, the Company reported a loss of $9,802,000, or $0.38 per share, compared to a loss of $11,387,000, or $0.54 per share, for the 2017 period [...]
PetroQuest Energy Inc. announced today that it has extended its previously announced forbearance agreements with the administrative agent and the lenders under its multi-draw term loan agreement , the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due 2021 and the holders of approximately 70.7% of the outstanding aggregate principal amount of its [...]
PetroQuest Energy Inc. announced today that it has extended its previously announced forbearance agreements with the administrative agent and the lenders under its multi-draw term loan agreement , the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due 2021 and the holders of approximately 70.7% of the outstanding aggregate principal amount of its [...]
PetroQuest Energy Inc. plans to release third quarter 2018 financial results after the market closes on November 5, 2018. The Company will not host a conference call associated with the earnings release. About the Company PetroQuest Energy Inc. is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in Texas and Louisiana. PetroQuest's common [...]
PetroQuest Energy Inc. announced today that it has extended its previously announced forbearance agreements with the administrative agent and the lenders under its multi-draw term loan agreement , the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due 2021 and the holders of approximately 70.7% of the outstanding aggregate principal amount of its [...]
PetroQuest Energy Inc. announced today that it has extended its previously announced forbearance agreements with the administrative agent and the lenders under its multi-draw term loan agreement , the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due 2021 and the holders of approximately 70.7% of the outstanding aggregate principal amount of its [...]
PetroQuest Energy Inc. announced today that it has entered into forbearance agreements with the administrative agent and the lenders under its multi-draw term loan agreement , the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due 2021 and the holders of approximately 70.7% of the outstanding aggregate principal amount of its 10% Second Lien Senior [...]
PetroQuest Energy Inc. announced today that, in order to preserve liquidity, it has elected not to make the semi-annual interest payments totaling approximately $14.2 million due on August 15, 2018 with respect to its outstanding $9.4 million principal amount of 10% Second Lien Senior Secured Notes due 2021 and its outstanding $275.0 million principal amount of 10% Second Lien Senior Secured PIK Notes due 2021 [...]
PetroQuest Energy Inc. today announced a loss to common stockholders for the quarter ended June 30, 2018 of $2,611,000, or $0.10 per share, compared to second quarter 2017 loss to common stockholders of $3,385,000, or $0.16 per share. For the first six months of 2018, the Company reported a loss of $4,823,000, or $0.19 per share, compared to a loss of $8,303,000, or $0.39 per share, for the 2017 period. Discretionary cash [...]
+6,95 %
+0,75 %
0,00 %
-6,90 %
