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PetroQuest Energy Inc
March 2012 Corporate Presentation
| Matt Quatz | Page 4 of 11 |
February 21, 2017
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3 Navigating the Current Environment Accelerating Liquids Production ~ 98% of 2012 drilling allocated to projects with some liquid component 2012E NGL production projected to grow ~50% Woodford JV 2012 activity will be focused on liquids-rich western section of acreage JV recently amended allowing for utilization of Phase II drilling carry in Woodford and Miss Lime Strong Liquidity Position $125MM undrawn revolver & $22MM of cash as of 12/31/11 Potential divestitures (Niobrara - Eagle Ford – Fayetteville) could further enhance liquidity Control Operations Operate over 95% of activity = control of cost and investment timing/allocation