Goodrich Petroleum (GDP) Reports Q2 Loss of $0.23
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Goodrich Petroleum Announces Second Quarter 2018 Financial Results, Recent Developments and an Operational Update
August 7, 2018 6:00 AM EDTHOUSTON, Aug. 7, 2018 /PRNewswire/ --Â Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced financial results, recent developments and an operational update for the second quarter ended June 30, 2018.Â
QUARTER HIGHLIGHTS
Production grew 67% over the previous year period and 66% sequentially to an average of 60,600 Mcfe per day. Since the end of the second quarter production has averaged 75,500 Mcfe per day and the Company expects to commence flowback on two additional Haynesville wells during the third quarter. The Company is maintaining its year-end exit rate of... More