SES - PetroQuest testing Austin Chalk, improving in Cotton Valley - July 18, 2019PetroQuest Energy exited bankruptcy in February and is now focusing its operations
on its East Texas Cotton Valley and Louisiana Austin Chalk positions. The company has
620 gross Cotton Valley locations suitable for 7,500-ft laterals remaining and
potential for the Austin Chalk on 21,000 net acres. The company’s current strategy
is to test the Austin Chalk and
unbooked Cotton Valley benches as well as
drive costs down and improve recoveries.
In the Austin Chalk, PetroQuest is drilling...