PetroQuest Energy, Inc. Invites You to Join Its First Quarter 2008 Earnings Conference Call

LAFAYETTE, La., April 16 /PRNewswire-FirstCall/ -- In conjunction with PetroQuest Energy's NYSE: PQ release of its first quarter financial results, you are invited to listen to its conference call with management that will be broadcast live over the Internet on Tuesday, May 6, 2008 at 9:30 a.m. Eastern time. The Company will release its results before the market opens on May 6.

     What:      PetroQuest Energy First Quarter 2008 Financial Results

     When:      Tuesday, May 6, 2008, 9:30 a.m. Eastern time

     Call:      (877) 356-5643, passcode 43990616

     Internet:  Live and rebroadcast over the Internet:  log on to
                http://www.petroquest.com.

     Contact:   Matt Quantz, Manager-Corporate Communications

     Replay:    Two weeks at http://www.petroquest.com and 48 hours at
                800-642-1687, passcode 43990616

PetroQuest Energy, Inc. is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas, South Louisiana and the shallow waters of the Gulf of Mexico. PetroQuest's common stock trades on the New York Stock Exchange under the ticker PQ.

This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are our ability to find oil and natural gas reserves that are economically recoverable, the volatility of oil and natural gas prices, declines in the values of our properties resulting in ceiling test write-downs, our ability to replace reserves and sustain production, our estimate of the sufficiency of our existing capital sources, our ability to raise additional capital to fund cash requirements for future operations, the uncertainties involved in estimating quantities of proved oil and natural gas reserves, in prospect development and property acquisitions or dispositions and in projecting future rates of production or future reserves, the timing of development expenditures and drilling of wells, hurricanes and other natural disasters, and the operating hazards attendant to the oil and gas business. In particular, careful consideration should be given to cautionary statements made in the various reports PetroQuest has filed with the Securities and Exchange Commission. PetroQuest undertakes no duty to update or revise these forward-looking statements.