
Goodrich Petroleum Announces Haynesville Shale Well Results And Operational Update
Goodrich Petroleum Announces Haynesville Shale Well Results And Operational Update

Goodrich Petroleum Announces Haynesville Shale Well Results And Operational Update

Goodrich Petroleum Corporation (ticker: GDP) has updated and accelerated its preliminary capital expenditure budget for 2018, following the recent $23 million asset sale. For 2018, the company’s board of directors approved a $20 million increase to $85-$95 million to accelerate development in its core Haynesville Shale acreage position. The company anticipates drilling 21 gross (8.7 net) horizontal wells for the

With assets in the Haynesville Shale—in Texas and Louisiana, Tuscaloosa Marine Shale, and Eagle Ford Shale, Goodrich Petroleum (ticker: GDP) has established a strong portfolio in shale-specific plays. Core Haynesville Goodrich’s Haynesville Shale makes up the core of its operations, with a total of approximately 47,000 net acres between the Texas Haynesville shale and the Northwest Louisiana Haynesville/Bossier Shale Angelina

Goodrich focused on TMS, Haynesville, Eagle Ford Goodrich Petroleum Corporation’s (OTCQX: GDPP) common stock commenced trading today on the OTCQX market under the trading symbol GDPP. Goodrich President Robert C. Turnham said in a statement, “We are very pleased to have the opportunity to trade on OTCQX and see this as an important step towards increasing shareholder liquidity and investor