PetroQuest amends 10% PIK notes indenture’s financial reporting terms

By Sarah Lizee

Olympia, Wash., Nov. 5 – PetroQuest Energy, Inc. entered into a supplemental indenture relating to its 10% senior secured PIK notes due 2024 to amend some terms of the notes, according to a press release.

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(d) of the Securities Exchange Act of 1934, as amended, with the SEC or otherwise post, furnish or make available those reports.

The company intends to make available some financial and other information relating to the company’s fiscal quarter ended Sept. 30 to the company’s security holders on or before Nov. 14.

The company said it also expects to disseminate information with respect to future periods under similar protocols.

PetroQuest is an oil and natural gas explorer and producer based in Lafayette, La.

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