Monday, June 13, 2011

Goodrich Petroleum Announces TMS Acreage Acquisition

"Goodrich Petroleum Corporation (NYSE:GDP - News) today announced it has purchased leases totaling approximately 74,000 net acres in the Tuscaloosa Marine Shale oil trend in Louisiana and Mississippi. The Company paid approximately $13 million, or an average of $175 per net acre for the acreage. The Company anticipates development to commence in the first quarter of 2012."
Source: PRNewswire
Goodrich TMS Acreage Position (Source: Enercom Conference slides)
Entire presentation:
http://www.goodrichpetroleum.com/presentations/2011_06_10_GDP_EnerCom_London.pdf

1 comment:

  1. Anyone know where the lease are located and who the leasing agents for Goodrich were/are?

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