2010-01-08-2009-12-03-2009-12-31

Transaction Type
Sellers
Announce Date
Post Date
Close Date
Estimated Price
9MM
Description

Acquired 12,000 net acres in Nacogdoches, Angelina counties, TX, with Haynesville shale potential.

Goodrich Petroleum Corp., Houston, (NYSE: GDP) plans to acquire approximately 12,000 net acres in Nacogdoches and Angelina counties, Texas, from an undisclosed seller for an undisclosed price. The acreage lies in the Angela River trend and the company believes it to be prospective for the Haynesville shale. With this acquisition, Goodrich will have approximately 85,000 net acres prospective for the Haynesville shale across its entire acreage position and approximately 22,000 net acres prospective for the Haynesville in the Angelina River trend area. The company plans to drill its first Haynesville well on its Angelina River trend acreage in first-half 2010.