Goodrich Petroleum Announces Haynesville Shale Well Results And Operational Update
Goodrich Petroleum Corporation (GDP)
Last goodrich petroleum corporation earnings: 3/5 06:00 am
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US:NYSE Investor Relations:
goodrichpetroleum.investorroom.com
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Source: PR Newswire
HOUSTON, Aug. 20, 2018 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) today announced completion results on its Wurtsbaugh 35 No. 1 (71% WI) well which came online in July and achieved a 24-hour peak rate of approximately 22,500 Mcf per day and the Demmon 34 No. 1 (89% WI) well, which came online in August, and also achieved a 24-hour peak rate of approximately 22,500 Mcf per day. Both wells are 4,600 foot laterals in the Bethany-Longstreet field in DeSoto Parish, Louisiana. Upon completion of the Demmon well, Company-wide production hit 90,000 Mcfe per day and is projected to meaningfully increase again with the addition of the Harris 14&23H-1 (98.5% WI) well which is scheduled to commence fracking operations in the next 10 days. OTHER INFORMATIONCertain 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
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