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Goodrich Petroleum Corporation is an independent exploration and production company engaged in the exploitation, development and production of crude oil and natural gas primarily in the Tuscaloosa Marine Shale (“TMS”) in Eastern Louisiana and Southwestern Mississippi, the oil-window of the Eagle Ford Shale trend in South Texas and the Haynesville Shale in Northeast Texas and Northwest Louisiana. Due to the current natural gas price environment, we are concentrating the vast majority of our exploitation and development efforts on existing leased acreage, primarily within the Tuscaloosa Marine and Eagle Ford Shale formations, that are both prospective for crude oil. The Company owns working interests in 260 producing oil and natural gas wells located in 43 fields in eight states. At December 31, 2014, we had estimated proved reserves of approximately 273.7 Bcfe, comprised of 104.8 Bcf of natural gas, 1.0 MMBbls of NGLs and 27.1 MMBbls of crude oil and condensate. Goodrich Petroleum Corporation is publically traded and listed on the New York Stock Exchange under the ticker GDP.
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