Monday, June 13, 2011
Goodrich Petroleum Corp.
Goodrich 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.
Oil & Gas Post
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