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Stock Market & Financial Investment News

News Breaks
June 18, 2014
06:09 EDTGDPGoodrich Petroleum announces TMS well result, operational update
Goodrich Petroleum announced the completion of its Nunnery 12-1H-1 well in Amite County, Mississippi. The well has achieved a peak 24-hour average production rate to date of approximately 815 BOE per day, comprised of 785 barrels of oil and 185 Mcf of gas on a 17/64 inch choke from an approximate 6,000 foot lateral. The well, which is located near the Pike County line along the northeastern boundary of the company's acreage block, landed in the company's lower target and was completed with 22 frac stages. The company has also completed frac operations, drilled out the frac plugs and will commence flow back on its Beech Grove 94H-1 well in East Feliciana Parish, Louisiana this week, with results expected by the end of June. The Beech Grove well was drilled with an approximate 6,000 foot lateral and completed with 21 frac stages. The company has completed drilling operations on the SLC, Inc. 81H-1 well in West Feliciana Parish, Louisiana and expects to commence frac operations in early July. The company has also reached total depth on its Denkmann 33-28H-2 well in Amite County, Mississippi with an approximate 6,200 foot lateral drilled in 25 days, a record for the company. The company continues with drilling operations on its CMR-Foster Creek 24-13H-1 well in Wilkinson County, Mississippi and the Bates 25-24H-1 well in Amite County, Mississippi. The company is currently running three rigs in the TMS with plans to go to as many as five rigs by the end of the year pending continued success. The company has in excess of 300,000 net acres in the play.
News For GDP From The Last 14 Days
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May 6, 2015
17:13 EDTGDPGoodrich Petroleum files $500M mixed securities shelf
06:06 EDTGDPGoodrich Petroleum reports Q1 adjusted EPS (38c), consensus (51c)
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06:05 EDTGDPGoodrich Petroleum sees FY15 CapEx $90M-$110M
06:05 EDTGDPGoodrich Petroleum backs FY15 oil production 4,800-5,200 Bbls/d
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06:05 EDTGDPGoodrich Petroleum sees Q2 production 4,250-4,650 Bbls/d of oil
Sees Q2 production 22,500-26,500 Mcf/d of natural gas.
06:04 EDTGDPGoodrich Petroleum reports Q1 production 780K Boe
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May 5, 2015
15:02 EDTGDPNotable companies reporting before tomorrow's open
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April 22, 2015
17:42 EDTGDPGoodrich Petroleum postpones annual meeting to May 29
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