Louisiana: Goodrich leases in Tuscaloosa marine shale

Goodrich Petroleum Corp., Houston, said it has purchased 74,000 net acres of leases in Louisiana and Mississippi in the Tuscaloosa marine shale oil trend.

By OGJ editors
HOUSTON, June 13
– Goodrich Petroleum Corp., Houston, said it has purchased 74,000 net acres of leases in Louisiana and Mississippi in the Tuscaloosa marine shale oil trend.

The company, which paid $13 million or $175/net acre, said it plans to begin development in the first quarter of 2012.

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