Independent petroleum producer PetroQuest Energy Inc. has priced a public offering of 10 million shares of its common stock at $3.50 per share. Underwriters have a 30-day option to buy up to 1.5 million additional shares to cover over-allotments. Lafayette-based PetroQuest says it is expects to close the offering around Tuesday. The company plans to use the money for general purposes, including capital expenditures covering drilling programs.
PetroQuest prices public offering
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