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Goodrich Touts Two New Haynesville IPs in DeSoto Parish; Talks Q4 Results

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Goodrich Touts Two New Haynesville IPs in DeSoto Parish; Talks Q4 Results

Goodrich reported its Q4 and full year 2017 results.

Highlights: Production for the quarter totaled 2.9 Bcfe, with average daily production of approximately 31,200 Mcfe per day (86% natural gas) - slightly higher YOY. Production was affected by shut-ins during the month of December of an estimated 3,000 Mcfe per day as offset frac operations were conducted. Production for the year totaled 12.2 Bcfe, with average daily production of approximately 33,300 Mcfe per day (85% natural gas). Two New Haynesville Completions: The Wurtsbaugh 25&24-14N-16W 2H (55% WI): DeSoto Parish, Louisiana IP24 of ~25,000 Mcfe per day Lateral length of 7,249 feet The Wurtsbaugh 25&24-14N-16W 3H (55% WI): DeSoto Parish, Louisiana IP24 of ~30,000 Mcfe per day Lateral length of 7,465 feet

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