Post Tagged with: "Tuscaloosa"

Goodrich Petroleum Strikes Debt Exchange Deal

Goodrich Petroleum Strikes Debt Exchange Deal

Goodrich Petroleum (ticker: GDP) reorganized its debt structure on September 2, 2015 in an effort to enhance near-term liquidity. The terms, as explained in a company-issued news release, include replacing its initial loan of $55 million in 5% senior convertible …

By the Numbers:  Goodrich Petroleum Deals Portion of Eagle Ford Assets; Retains Future EF Upside and Provides Capital Liquidity

By the Numbers:  Goodrich Petroleum Deals Portion of Eagle Ford Assets; Retains Future EF Upside and Provides Capital Liquidity

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 …

Goodrich Petroleum Turns Two Wells Online in the Tuscaloosa Marine Shale

Goodrich Petroleum Turns Two Wells Online in the Tuscaloosa Marine Shale

Goodrich Petroleum (ticker: GDP) is turning two of its six uncompleted Tuscaloosa Marine Shale (TMS) wells online and expects initial production within two weeks.

The Houston-based exploration and production company will turn the remaining four wells online before its borrowing …

Sanchez Energy on Pace to Double 2013 Production, 90% of 2014 Capital Directed at the Eagle Ford

Sanchez Energy Corporation (ticker: SN) is a Houston, Texas, based, growth oriented, independent exploration and production company focused on the exploration, acquisition, and development of oil resources in the onshore U.S. Gulf Coast with a current focus on the liquids-rich …

January 16, 2014 - 4:42 pm Finance, Oil and Gas 360 Articles

Reasons Goodrich Petroleum is Confident about the Tuscaloosa Marine Shale

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). As of late, Goodrich has been a pioneer of an emerging oil …

October 16, 2013 - 1:08 pm Oil and Gas 360 Articles
Goodrich Petroleum and Encana Drill 1,082 BOEPD Well in Mississippi

Goodrich Petroleum and Encana Drill 1,082 BOEPD Well in Mississippi

Goodrich Petroleum’s (NYSE: GDP) first Tuscaloosa Marine Shale well, in participation with Encana (NYSE: ECA) recorded a 72-hour production rate of 1,082 BOEPD (90% oil). The well was drilled with a 7,300 foot lateral with 30 stages. The Anderson 17H-1 …

May 26, 2012 - 12:54 am Oil and Gas 360 Articles