Current GDP Stock Info

Goodrich Petroleum (ticker: GDP) is an independent oil and gas exploration and production company with operations in the Eagle Ford Shale, Haynesville Shale and Tuscaloosa Marine Shale (TMS).

The TMS, located in Louisiana and Mississippi, is an emerging oil play that continues to draw industry attention. During 2014, Goodrich plans to spend 80% of its $300 million capital budget on the TMS.

On April 14, 2014, GDP announced its Blades 33H-1 well (66.7% working interest) achieved a 24-hour production rate of 1,270 BOEPD (98% oil) from 20 frac s...

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