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Goodrich Petroleum has entered into a $250 million credit agreement with JP Morgan Chase Bank and SunTrust Bank / SunTrust Robinson Humphrey Inc. The Credit Facility has an initial borrowing base of $40 million
The Company had $31.1 million of cash on hand as of September 30, 2017 and has $23.3 million currently available under the Credit Facility.
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Credit Facility Change
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