Porter Hedges Represents PetroQuest Energy in $280MM Exchange Offers and Consent Solicitation

Firm News

Porter Hedges represents PetroQuest Energy, Inc. ("PetroQuest Energy") in private exchange offers and a consent solicitation of its 10% Senior Notes due 2017 and its 10% Second Lien Senior Secured Notes due 2021 for $280.295 million in aggregate principal amount of its newly issued 10% Second Lien Senior Secured PIK Notes due 2021 and 3,517,000 shares of its common stock.

PetroQuest Energy is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in Texas, Oklahoma, Louisiana and the shallow waters of the Gulf of Mexico.


Practice Areas