Goodrich Petroleum To Sell Noncore Ops In Texas, La. For $70M

Source: Wall Street Journal - Goodrich Petroleum Corp. (GDP) plans to sell some reserves and production in east Texas and north Louisiana to an undisclosed private firm for about $70 million.
The oil-and-gas explorer also expects to post a $23 million derivative-related gain for the third quarter as well as a $223 million write-down, owing to lower commodities prices and significant declines in natural-gas prices.
Click here to read more