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Goodrich Touts Strong 24-Hour TMS IPs; Details Completion Stats

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Goodrich Touts Strong 24-Hour TMS IPs; Details Completion Stats

Goodrich Petroleum has reported its third quarter update on its Tuscaloosa Marine Shale operations.

Highlights: The Company's Spears 31-6H-1 (77% WI) well in Amite County, Mississippi, has achieved a peak 24-hour production rate to date of approximately 1,360 Boe/day, comprised of 1,290 Bbls of oil (95%) and 420 Mcf of natural gas on a 15/64 inch choke from an approximate 6,210 foot completed lateral with 23 frac stages.  The Company's CMR/Foster Creek 24-13H-1 (97% WI) well in Wilkinson County, Mississippi, has achieved a peak 24-hour production rate to date of approximately 1,215 Boe/day, comprised of 1,140 Bbls of oil (94%) and 450 Mcf of natural gas on a 16/64 inch choke from an approximate 6,480 foot completed lateral with 24 frac stages.

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