Goodrich Petroleum Corporation says that 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.

Tags: Goodrich Petroleum Corporation