HOUSTON, Sept. 2, 2014 /PRNewswire/ -- Goodrich
Petroleum Corporation (NYSE: GDP) today announced the completion of
its Denkmann 33-28H-2 (75% WI) well in Amite County, Mississippi. The well,
which was drilled with an approximate 6,000 foot lateral and was
fracked with 22 stages, has achieved a peak 24-hour average
production rate to date of approximately 1,250 barrels of oil
equivalent ("BOE") per day, comprised of 1,200 barrels of oil and
300 Mcf of gas on a 16/64 inch choke.
The Company has also commenced flowback on its Bates 25-24H-1
(98% WI) well in Amite County,
Mississippi, an approximate 5,000 foot lateral with 19 frac
stages, and is currently fracking its CMR/Foster Creek 31-22H-1 (90% WI) well in
Wilkinson County, Mississippi,
which has an approximate 6,700 foot lateral with 24 planned frac
stages. The Company has also drilled and is in completion
phase on its CMR/Foster Creek
24-13H-1 (97% WI) well in Wilkinson
County, Mississippi, which has an approximate 6,600 foot
lateral, and its Spears 31-6H-1 (77% WI) well in Amite County, Mississippi, which has an
approximate 7,600 foot lateral.
The Company currently has three rigs running in the play and is
conducting drilling operations on its Verberne 5H-1 (66% WI) and
Williams 46H-1 (61% WI) wells offsetting its Blades 33H-1 (67% WI)
well in Tangipahoa Parish,
Louisiana, and its CMR/Foster
Creek 8H-1 (79% WI) well in Wilkinson County, Mississippi, which is
planned for a two well pad offsetting the Company's Crosby 12H-1 (50% WI) well.
The Company has in excess of 300,000 net acres in the play.
A copy of the latest corporate presentation is available on the
Company's website at www.goodrichpetroleum.com.
Goodrich Petroleum Corporation is an independent oil and gas
exploration and production company listed on the New York Stock
Exchange.
SOURCE Goodrich Petroleum Corporation