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| PQ > SEC Filings for PQ > Form 8-K on 5-Mar-2013 | All Recent SEC Filings |
5-Mar-2013
Change in Directors or Principal Officers, Financial Statements and Exhibit
On March 5, 2013, Mark K. Stover, the Executive Vice President - Exploration and Development of PetroQuest Energy, Inc. (the "Company"), resigned from his positions to pursue other interests, effective March 6, 2013.
Also on March 5, 2013, Tracy Price, the Executive Vice President - Land of the Company, was promoted to Executive Vice President - Business Development & Land of the Company. Prior to joining the Company in May 2012, Mr. Price served as the Managing Director - Oil and Gas Division for Natural Resources Partners LLC from 2011. Prior to his tenure at Natural Resources Partners, he served as the Senior Vice President-Business Development for Crimson Exploration Inc. from 2005 until 2011. From 2001 until 2005, Mr. Price served as Senior Vice President-Land and Business Development for The Houston Exploration Company. From 1990 to 2001, he served as Manager of Land and Business Development for Newfield Exploration Company. From 1986 to 1990, Mr. Price was Land Manager for Apache Corporation. Prior to Apache, Mr. Price served in similar land management capacities at Challenger Minerals Inc. and Phillips Petroleum Company. Mr. Price received a Bachelor of Business Administration degree in Petroleum Land Management from the University of Texas in 1981.
In connection with Mr. Stover's resignation, the Company and Mr. Stover entered into a separation agreement and release providing Mr. Stover with the benefits under Section 6.3 of his Amended Executive Employment Agreement dated effective as of December 31, 2008 (the "Employment Agreement"), with the Company. The foregoing description of the Employment Agreement is not complete and is qualified by reference to the complete document, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
(d) Exhibits.
10.1. Amended Executive Employment Agreement dated effective as of December 31, 2008, between Mark K. Stover and PetroQuest Energy, Inc. (incorporated herein by reference to Exhibit 10.19 to Form 10-K filed February 27, 2009).
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