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Company Description (as filed with the SEC)
Goodrich Petroleum Corporation and its subsidiaries (together, "we" or "the Company") is an independent oil and gas company engaged in the exploration, exploitation, development and production of oil and natural gas properties primarily in East Texas and Northwest Louisiana. The geological formations found in East Texas and Northwest Louisiana generally provide multiple pay objectives including: the Haynesville Shale, Cotton Valley, Travis Peak, James and Pettet formations. While we believe all of the various play objectives underlying our properties can be economically developed at higher commodity prices, in the current price environment we are concentrating our development efforts on horizontal drilling in the Haynesville Shale and, to a lesser extent, the Cotton Valley Taylor sand. We continue to aggressively pursue the evaluation and acquisition of prospective acreage, oil and gas drilling opportunities and potential property acquisitions. ... More ...
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|Annual EPS Est:||$-2.77|
|Quarterly EPS Est:||-0.46|