Current GDP Stock Info

Acreage Value Increase of 441% Since Initial Purchase in 2010
Goodrich Petroleum (ticker: GDP) sold its proved reserves and approximately 13,000 net acres in the Eagle Ford Shale for $118 million to an undisclosed buyer, the company said in a July 27 news release. The assets are located in LaSalle and Frio Counties of Texas and include Q1’15 production of 2,850 BOEPD (75% oil), and are expected to close by September 4, 2015. A July 2015 presentation listed total proved reserves as of December 31, 2014 of 10.5 MMBOE.

The company is scheduled...

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