Petroquest Resources Inc. Announces Consummation of Acquisition of Five Gas and Oil Wells in Vinton County Ohio
PetroQuest Resources, Inc. (Computer Pink Sheets: PQRJ.PK), announced today that Mountaineer Gas Transmission, Inc., its wholly owned gas and oil production subsidiary, has finalized the acquisition of 100% of the working interest in five gas and oil wells in Vinton County, Ohio for the purchase price of $150,000.00. These wells were placed under contract, subject to due diligence inspection and review, earlier this month. These newly acquired gas and oil wells hold oil and gas leases on approximately 520 acres. This acreage gives the Company 7 - 8 high quality future drilling sites.
The Company (
Petroquest Resources Inc. Announces Consummation of Acquisition of Five Gas and Oil Wells in Vinton County Ohio
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