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BRIEF-PetroQuest Energy provides Q1 production and 2017 capital expenditures guidance
February 7, 2017 / 12:46 PM / 9 months ago

BRIEF-PetroQuest Energy provides Q1 production and 2017 capital expenditures guidance

Feb 7 (Reuters) - PetroQuest Energy Inc -

* Says company projects its Q1 2017 production to average between 55 and 59 mmcfe per day

* Says company’s capital budget for 2017 is expected to range between $40 million and $48 million

* Forecasting sequential production growth throughout this year , are targeting a capex program that is within anticipated cash flow

* Estimates 2016 production was about 23.5 bcfe, or 64.1 mmcfe per day, including q4 production estimate of 4.6 bcfe, or 49.9 mmcfe per day Source text for Eikon: Further company coverage:

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