Goodrich Petroleum (OTCMKTS:GDPMQ) is an independent energy company specializing in the exploration, development and production of natural gas and oil resources in North America. Since its founding in 1987, the company has focused on unlocking unconventional reserves through strategic drilling and reservoir optimization. Its portfolio encompasses multiple shale plays, with a primary emphasis on the Haynesville Shale, where Goodrich has established a significant acreage position and developed efficient production techniques to maximize well performance.
Operating primarily in the Gulf Coast region, Goodrich maintains core assets in Louisiana, East Texas and Arkansas. The company leverages advanced horizontal drilling and hydraulic fracturing technologies to access deep gas-bearing formations. By combining proprietary geological data analysis with a disciplined capital program, Goodrich aims to enhance recovery rates and reduce per-well costs. The firm’s operational footprint also includes midstream arrangements that support the gathering, processing and transportation of produced hydrocarbons.
Over its history, Goodrich has expanded through carefully selected acquisitions and partnerships, allowing it to diversify its asset base and enter emerging resource plays. The company’s technical staff, comprising geologists, engineers and operations specialists, works to implement best practices in well completion, production monitoring and environmental stewardship. Goodrich places particular emphasis on safety, regulatory compliance and community engagement in the regions where it operates.
Headquartered in Houston, Texas, Goodrich Petroleum is led by founder and chairman John G. Goodrich, alongside a management team with decades of experience in upstream energy. The leadership group includes seasoned professionals overseeing exploration, reservoir management and corporate development. Through its commitment to innovation, operational efficiency and responsible resource development, Goodrich Petroleum continues to pursue long-term value creation in the competitive oil and gas industry.
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