Goodrich Petroleum Announces Tuscaloosa Marine Shale ("TMS") Well Result And Operational Update

 Goodrich Petroleum Announces Tuscaloosa Marine Shale ("TMS") Well Result And
                              Operational Update

PR Newswire

HOUSTON, April 14, 2014

HOUSTON, April 14, 2014 /PRNewswire/ --Goodrich Petroleum Corporation (NYSE:
GDP) today announced the completion of its Blades 33H-1 (66.7% WI) well in
Tangipahoa Parish, Louisiana. The well has achieved a peak 24-hour average
production rate to date of 1,270 barrels of oil equivalent ("BOE") per day,
comprised of 1,250 barrels of oil and 115 Mcf of gas on a 14/64 inch choke
from an approximate 5,000 foot lateral. The well landed in the Company's
lower target, was drilled and completed under budget and was fracked with 20
stages using composite plugs that were drilled out prior to flow back. The
Company's completion methodology was slightly modified from previously
completed wells. The well was drilled on a portion of the 185,000 net acres
acquired in August 2013 and is approximately 48 miles southeast from the
Company operated Crosby 12H-1 well in Wilkinson County, Mississippi and five
miles east of a horizontal well previously drilled on the acquired acreage.

The Company has drilled its C.H. Lewis 30-19H-1 (81.4% WI) well in Amite
County, Mississippi in 36 days, with approximately 6,600 feet of usable
lateral. The well landed in the Company's lower target and has 26 planned
frac stages using the Company'smodifiedcompletion design. Fracking
operations are expected to commence by the end of April. 

The Company is currently drilling the Nunnery 12-1H-1 (91.2% WI) well in
Amite County Mississippi, the Beech Grove 94H-1 (66.7% WI) well in East
Feliciana Parish, Louisiana and the SLC, Inc. 81H-1 (66.7% WI) well in West
Feliciana Parish, Louisiana. All wells are planned to be drilled in the lower
target with a minimum of 6,000 foot laterals and use the modified completion
design.

The Company has in excess of 300,000 net acres and three rigs running
currently in the play, with the plan to go to five rigs by the end of the year
pending continued success.

A copy of the latest corporate presentation is available on the Company's
website at www.goodrichpetroleum.com.

Goodrich Petroleum Corporation is an independent oil and gas exploration and
production company listed on the New York Stock Exchange.

SOURCE Goodrich Petroleum Corporation

Website: http://www.goodrichpetroleum.com/
Contact: Robert C. Turnham, President, Jan L. Schott, Chief Financial Officer
or Daniel E. Jenkins, Director of Investor Relations, (713) 780-9254
 
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