Reminder - PetroQuest Energy, Inc. Invites You to Join Its Second Quarter Earnings Conference Call LAFAYETTE, La., July 30 /PRNewswire-FirstCall/ -- In conjunction with PetroQuest Energy's (Nasdaq: PQUE - News) release of its second quarter financial results, you are invited to listen to its conference call with management that will be broadcast live over the Internet on Wednesday, July 30, 2003 at 10:00 a.m. Eastern time. The Company will release its results before the market opens on July 30. What: PetroQuest Energy Second Quarter Financial Results When: Wednesday, July 30, 2003 10:00 a.m. Eastern time Where: http://www.petroquest.com How: Live and rebroadcast over the Internet: Simply log on to the web at the address above. Contact: Robert Brooksher, Vice President-Corporate Communications Replay: Two weeks at http://www.petroquest.com and 24 hours at 800-642-1687, pass code 1838345 PetroQuest Energy Inc. is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Gulf Coast Basin, both onshore and in shallow waters offshore. This press 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 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 and in projecting future rates of production, the timing of development expenditures and drilling of wells 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. Source: PetroQuest Energy Inc.   Contact: PetroQuest Energy Inc. Robert R. Brooksher, 337/232-7028