Tuesday, November 4, 2008
USEG Update on Drilling Program with PetroQuest
U.S. Energy Corp. (Nasdaq: USEG) released an update on its drilling program with PetroQuest Energy (NYSE: PQ) today. So far they are 1-for-2: the first drilling prospect went into production yesterday, and the second prospect was determined to be non-productive. These were the first two of a scheduled three well drilling program with PetroQuest Energy.
The image above is from U.S. Energy Corp.'s website.