Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
PetroQuest Energy Inc
April 2012 Corporate Presentation
| Matt Quatz | Page 9 of 11 |
February 06, 2016
View in Results
"PetroQuest Energy Inc"
View Full Document
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Woodford JV Transaction Summary $234.6MM total transaction value ($128MM guaranteed) $60MM received at closing (May 2010) $28MM in deferred payments received during 2011 $146.6MM “drilling carry” where JV partner pays 80% of costs for 50% of the working interest $54MM phase one expected to be complete 2Q12 $92.6MM phase two* begins 3/1/12 and is expanded to include Miss Lime and Woodford development simultaneously JV Partner received 29 Bcfe of Woodford PUD reserves Right to earn 50% of the Company’s undeveloped Woodford acreage 8 8 * Under Phase 2 partner pays 75% of costs for 50% interest