PetroQuest Energy Inc. - 2007-10-10
Description
Sold an additional 195,000 6.875% series B cumulative convertible perpetual preferred shares at US$50 each as overallotment, bringing the total offering to 1.3 million shares to pay borrowings from its bank credit facility and for general corporate purposes. J.P. Morgan Securities Inc. was book-running manager and Howard Weil Inc., Johnson Rice & Co. LLC and Coker & Palmer Inc. were co-managers.