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Comment by Skip Peel - Mineral Consultant on September 29, 2014 at 2:47

oodrich Petroleum Announces Tuscaloosa Marine Shale ("TMS") Operational Update

HOUSTON, Sept. 29, 2014 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced a Tuscaloosa Marine Shale ("TMS") operational update.   The Company's Bates 25-24H-1 (98% WI) well in Amite County, Mississippi, which was completed with an approximate 4,850 foot lateral and was fracked with 19 stages, achieved a peak 24-hour average production rate of 1,000 barrels of oil equivalent ("BOE") per day, comprised of 938 barrels of oil and 373 Mcf of gas on a 17/64 inch choke.  The Company's CMR/Foster Creek 31-22H-1 (90% WI) well in Wilkinson County, Mississippi, which was completed with an approximate 6,700 foot lateral and was fracked with 24 stages, is in the early stage of flowback, with a current peak 24-hour average production rate to date of approximately 1,140 barrels of oil equivalent ("BOE") per day, comprised of 1,070 barrels of oil and 420 Mcf of gas on a 13/64 inch choke.  The Company will provide an update on the well on its third quarter earnings press release.        The Company is currently conducting completion operations on its CMR/Foster Creek 24-13H-1 (97% WI) well in Wilkinson County, Mississippi, which has an approximate 6,600 foot lateral with 24 frac stages and should begin flowback within a week.  The Company has also drilled and is in completion phase on its Spears 31-6H-1 (77% WI) well in Amite County, Mississippi, which has an approximate 7,600 foot lateral, and its Verberne 5H-1 (66% WI) well in Tangipahoa Parish, Louisiana, which has an approximate 6,800 foot lateral and reached total depth within 29 days.   The Company currently has three rigs running in the play and is conducting drilling operations on its Williams 46H-1 (61% WI) well in Tangipahoa Parish, Louisiana, its CMR/Foster Creek 8H-1 and 8H-2 (79% WI) wells in Wilkinson County, Mississippi, and expects to commence operations soon on its T. Lewis 7-38H-1 (estimated 90.5% WI) well in Amite County, Mississippi.   The Company has in excess of 300,000 net acres in the play. A copy of the latest corporate presentation is available on the Company's website at www.goodrichpetroleum.com.

Comment by Skip Peel - Mineral Consultant on September 4, 2014 at 6:23

GDP September Corporate Presentation

http://www.goodrichpetroleum.com/presentations/MgmtCurrent.pdf

Halcon September Corporate Presentation

http://files.shareholder.com/downloads/ABEA-5X1N65/3273001047x0x779...

Comment by RGV AG on September 2, 2014 at 2:57

Thank you Don Skip, as always the information is greatly appreciated.  This seems like a fairly good result and comes at a needed time. 

Comment by Skip Peel - Mineral Consultant on September 2, 2014 at 2:39

The choke setting is actually about average.  As compared to recent GDP wells it is a little tighter.  The Nunnery was 17/64 and the Beech Grove 94H was 19/64.  It should be held in mind that these one sixty-fourths of an inch differences are quite small.  A wide open choke, 64/64, is a one inch aperture.  Sixteen sixty-fourths is a quarter inch.  Pretty darn small for 1200 barrels of oil to flow through in a 24 hour period.  Do the math and then realize that the oil is likely not all that is flowing through that quarter inch hole as the well continues to clean up.

Comment by RGV AG on September 2, 2014 at 2:26

Some decent news.  Question for the O&G types, is that a large choke?  Seems a little big to me as compared to some of the other reports. 

Comment by Skip Peel - Mineral Consultant on September 2, 2014 at 1:50

GOODRICH PETROLEUM ANNOUNCES TUSCALOOSA MARINE SHALE ("TMS") OPERATIONAL UPDATE

HOUSTON , Sept. 2, 2014 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the completion of its Denkmann 33-28H-2 (75% WI) well in Amite County, Mississippi .  The well, which was drilled with an approximate 6,000 foot lateral and was fracked with 22 stages, has achieved a peak 24-hour average production rate to date of approximately 1,250 barrels of oil equivalent ("BOE") per day, comprised of 1,200 barrels of oil and 300 Mcf of gas on a 16/64 inch choke.   

The Company has also commenced flowback on its Bates 25-24H-1 (98% WI) well in Amite County, Mississippi , an approximate 5,000 foot lateral with 19 frac stages, and is currently fracking its CMR/ Foster Creek 31-22H-1 (90% WI) well in Wilkinson County, Mississippi , which has an approximate 6,700 foot lateral with 24 planned frac stages.  The Company has also drilled and is in completion phase on its CMR/ Foster Creek 24-13H-1 (97% WI) well in Wilkinson County, Mississippi , which has an approximate 6,600 foot lateral, and its Spears 31-6H-1 (77% WI) well in Amite County, Mississippi , which has an approximate 7,600 foot lateral.  

The Company currently has three rigs running in the play and is conducting drilling operations on its Verberne 5H-1 (66% WI) and Williams 46H-1 (61% WI) wells offsetting its Blades 33H-1 (67% WI) well in Tangipahoa Parish, Louisiana , and its CMR/ Foster Creek 8H-1 (79% WI) well in Wilkinson County, Mississippi , which is planned for a two well pad offsetting the Company's Crosby 12H-1 (50% WI) well.  

The Company has in excess of 300,000 net acres in the play.

Comment by Skip Peel - Mineral Consultant on July 24, 2014 at 10:12

Link to Encana webcast.  TMS portion begins at 21:45.

http://www.encana.com/investors/presentations-events/

Comment by Skip Peel - Mineral Consultant on July 17, 2014 at 5:34

ENCANA CONFERENCE CALL AND WEBCAST ON SECOND QUARTER RESULTS

CALGARY, AB --(Marketwired - July 17, 2014) - Encana Corporation (TSX: ECA) (NYSE: ECA) will release its second quarter 2014 results on Thursday, July 24, 2014. The news release detailing Encana's second quarter 2014 results will provide operating and financial information. Financial statements will be available on the company's website.

A conference call and webcast to discuss the results will be held for the investment community the same day beginning at 7 a.m. MT (9 a.m. ET). To participate, please dial (877) 223-4471 (toll-free in North America) or (647) 788-4922 approximately 10 minutes prior to the conference call. An archived recording of the call will be available from approximately 10 a.m. MT on July 24 until 11:59 p.m. MT on July 31, 2014 by dialing (800) 585-8367 or (416) 621-4642 and entering passcode 70785283.

A live audio webcast, including slides, of the conference call will also be available via Encana's website, www.encana.com, under Investors/Presentations & Events. The webcasts will be archived for approximately 90 days.

Comment by Skip Peel - Mineral Consultant on July 17, 2014 at 2:12

If we're lucky maybe something on the Denkmann 33-28 #2 also.

Comment by Steve on July 17, 2014 at 2:01

GDP's SLC well in W. Feliciana finished fracking yesterday. Maybe we will get some news on flow rate in the August 7 call.

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