UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
Current Report
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
November 15, 2004
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PETROQUEST ENERGY, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 72-1440714
(State of Incorporation) (I.R.S. Employer
400 E. KALISTE SALOOM RD., SUITE 6000 Identification No.)
LAFAYETTE, LOUISIANA 70508
(Address of principal executive offices) (Zip code)
Commission File Number: 0-019020
Registrant's telephone number, including area code: (337) 232-7028
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On November 3, 2004, PetroQuest Energy, Inc. (the "Company")
entered into the Fifth Amendment to Amended and Restated Credit Agreement with
Bank One, N.A., as a lender and an agent. The amendment increases to 100%, the
number of lenders required to determine a new borrowing base reduction amount
under the Company's credit facility. In addition, on November 10, 2004, Bank
One, N.A. assigned a portion of its interest in the Company's credit facility to
each of Guaranty Bank and Calyon Corporate and Investment Bank.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Business Acquired:
NONE
(b) Pro Forma Financial Information:
NONE
(c) Exhibits:
10.1 Fifth Amendment to Amended and Restated Credit Agreement
entered into as of November 3, 2004 by and between
PetroQuest Energy, LLC, PetroQuest Energy, Inc. and
Bank One, N.A., individually as a lender and an agent.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PETROQUEST ENERGY, INC.
Date: November 15, 2004 By: /s/ Michael O. Aldridge
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Michael O. Aldridge
Senior Vice President, Chief
Financial Officer and Treasurer
(Authorized Officer and Principal
Financial and Accounting Officer)
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INDEX TO EXHIBIT
10.1 Fifth Amendment to Amended and Restated Credit Agreement
entered into as of November 3, 2004 by and between
PetroQuest Energy, LLC, PetroQuest Energy, Inc. and
Bank One, N.A., individually as a lender and an agent.