HOUSTON, Sept. 18, 2018 /PRNewswire/ -- Goodrich
Petroleum Corporation (NYSE American: GDP) today announced
completion results on its Harris-Dickson14&23 No. 1 (99% WI)
well in the Thorn Lake field in Red River
Parish, Louisiana. The well achieved a 24-hour peak rate of
approximately 27,500 Mcf per day from 6,100 feet of lateral. Upon
completion of the well the Company exceeded its year-end guidance
of 100,000 Mcfe per day.
The Company has drilled and cased the Loftus 27&22 No.1 (93%
WI) well, which is a 7,500 foot lateral in the Bethany-Longstreet field of DeSoto Parish,
Louisiana, and is currently
drilling the Cason-Dickson
14&23 No. 3 and No.4 (99% WI) wells in Red River Parish, Louisiana off of a common
pad.
OTHER INFORMATION
Certain statements in this news release regarding future
expectations and plans for future activities may be regarded as
"forward looking statements" within the meaning of the Securities
Litigation Reform Act. They are subject to various risks,
such as financial market conditions, changes in commodities prices
and costs of drilling and completion, operating hazards, drilling
risks, and the inherent uncertainties in interpreting engineering
data relating to underground accumulations of oil and gas, as well
as other risks discussed in detail in the Company's Annual Report
on Form 10-K for the year ended December 31,
2017 and other subsequent filings with the Securities and
Exchange Commission. Although the Company believes that the
expectations reflected in such forward looking statements are
reasonable, it can give no assurance that such expectations will
prove to be correct.
Goodrich Petroleum is an independent oil and natural gas
exploration and production company listed on the NYSE American
under the symbol "GDP".
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SOURCE Goodrich Petroleum Corporation