PetroQuest Energy Inc. reported net income for the quarter ended June 30 of $3.7 million, or 6 cents per share, compared to second-quarter 2012 net loss of $54.5 million, or 87 cents per share.

The company noted that its second-quarter financial results did not include the completion of its previously announced acquisition of certain shallow-water Gulf of Mexico shelf oil and gas assets on July 3.

For the first six months of 2013, the company reported net income of $6.2 million, or 10 cents per share, compared to a net loss of $73.1 million, or $1.17 per share, for the 2012 period.

During the second quarter and six-month periods of 2012, the company recognized non-cash write-downs of $53.5 million and $73.6 million, respectively, as a result of the impact of low natural gas prices on the future discounted net cash flows from its estimated proved reserves.