Casey Hoerth
Long only, long-term horizon, growth at reasonable price, dividend investing

Goodrich Petroleum Has Doubled And Can Do So Again

Goodrich Petroleum (GDP) is a company, which explores, develops and produces oil and natural gas on various properties in Louisiana and Texas. Its acreage includes the Haynesville Shale between Louisiana and Texas and the Eagle Ford Shale in South Texas. It's biggest acreage interest, however, is in the Tuscaloosa Marine Shale (TMS) in Southeast Louisiana and Southwest Mississippi. The company was founded in 1995. Goodrich Petroleum is still a small-cap company, with a market cap of $935 million.

Sanchez Energy August 2013 Corporate presentation

The company's biggest footprint is in the Tuscaloosa Marine Shale, a still untapped shale play in Louisiana, which is part of the same formation as the Eagle Ford. After a good deal of exploration in this...

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