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Goodrich Prices Public Offering of Stock

Goodrich Petroleum Corporation announced the pricing of its public offering of 12,000,000 shares of the Company's common stock at $4.15 per share. The offering is expected to settle and close on March 5, 2015, subject to customary closing conditions.

The Company estimates that the net proceeds from the offering will be approximately $49.3 million, after deducting the estimated offering expenses. The Company intends to use the net proceeds from the offering to repay borrowings under its credit facility and for general corporate purposes.

J.P. Morgan Securities LLC is acting as sole book-running manager for this offering.

Announced Date
March 02,2015
Value  ( $MM )
49.3
Type
Equity
Use of Fund
General Purpose,Debt Reduction
Company
Goodrich Petroleum Corp.
Underwriter
/Book Runner
JP Morgan Securities
Regions
United States
Country
United States

Contacts
Goodrich Petroleum Corp.
Henry Goodrich
 Chairman Emeritrus
 Shreveport ,Louisiana ,71101-5319
 318-429-1375

Kristie Buchanan
 Executive Assistant
 Shreveport ,Louisiana ,71101-5319
 713-780-9494

Robert C Turnham, Jr
 President
 Houston ,Texas ,77002
 713-780-9494

Walter G Goodrich
 Vice President & CEO
 Houston ,Texas ,77002
 713-780-9494

Wendy Kaufman
 Cartographer
 Shreveport ,Louisiana ,71101-5319
 318-429-1375


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