HOUSTON, Sept. 18 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced an operational update on its Haynesville Shale drilling activities in North Louisiana and East Texas.

BETHANY-LONGSTREET FIELD, CADDO AND DESOTO PARISHES, LOUISIANA

The Company has completed two additional Chesapeake Energy operated wells in the Bethany-Longstreet field in Caddo and DeSoto Parishes, Louisiana. The Johnson 10H-1 (50% WI) had a 24 hour initial production rate of 17.0 MMcf per day on a 22/64 inch choke with 7,500 psi, and the Dixie 31H-1 (19% WI) had a 24 hour initial production rate of 14.4 MMcf per day on a 22/64 inch choke with 6,600 psi. The Company is currently completing two additional Chesapeake operated wells, the Hunsicker 13H-1 (50% WI) and Caddo Parish 30H-1 (25% WI), along with one operated well, the Plants 26H-1 (36% WI).

GREENWOOD-WASKOM FIELD, CADDO PARISH, LOUISIANA

The Company has completed its initial operated well in the Greenwood-Waskom field in Caddo Parish, Louisiana. The Trosper 2H-1 (77.5% WI) had a 24 hour initial production rate of 11.7 MMcf per day on a 22/64 inch choke with 5,800 psi.

LONGWOOD FIELD, CADDO PARISH, LOUISIANA

The Company has completed the Chesapeake Energy - Bohnert 25H-1 (50% WI) in the Longwood field in northern Caddo Parish, Louisiana, with a 24 hour initial production rate of 7.5 MMcf per day on a 16/64 inch choke with 5,300 psi.
[Note this may actually be the Bohnert 28 #H1 Well]

BECKVILLE AND MINDEN FIELDS, PANOLA AND RUSK COUNTIES, TEXAS

The Company has completed two additional wells in its Beckville/Minden fields in Panola and Rusk Counties, Texas. The Swiley 4H (100% WI), located in the northwest corner of its approximate 39,500 acre block, had a 24 hour initial production rate of 7.0 MMcf per day on a 20/64 inch choke with 5,300 psi. The Company has also completed its Beard-Taylor 1H (100% WI) at a 24 hour initial production rate of 6.5 MMcf per day on a 21/64 inch choke with 5,100 psi.

DRILLING ACTIVITY

The Company currently has five rigs running, with one operated and three non-operated rigs currently working in Bethany-Longstreet, and one operated rig running at Beckville. Upon completion of the Beckville well, the rig will move to Greenwood-Waskom, and the Company expects to drill in North Louisiana for the remainder of the year.