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PetroQuest Announces Plans to Sell $50M in Stock

Maritime Activity Reports, Inc.

October 3, 2007

Lafayette, La.-based energy firm PetroQuest announced it plans to sell $50m in Series B cumulative convertible preferred stock. The firm plans to use the proceeds for general business purposes and to repay outstanding debt under its bank credit facility.
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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