PetroQuest Energy sold a majority of its interests in the Woodford shale and Mississippi lime to unnamed parties for USD 280 million. During the first quarter of the year, the assets produced 46 MMcfe/D and generated a net operating cash flow of USD 7.5 million. The company will retain a small working interest in the sold assets and its working interest in the Woodford assets on the east side of its acreage.
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