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| 24hGold - Publicnow |
| Goodrich Petroleum Voluntarily Files For Chapter 11 To Implement Financial Restructuring, With Restructuring Support Agreement Executed By A Majority Of Second Lien Noteholders |
| HOUSTON, April 15, 2016/PRNewswire / -- Goodrich Petroleum Corporation (OTC Markets: GDPM) (the 'Company') today announced that it and its subsidiary has filed for reorganization under Chapter 11 of the Bankruptcy Code in the United StatesBankruptcy Court for the Southern District of Texas, Houston Division, in order to implement the terms of that certain Restructuring Support Agreement (the 'RSA') previously announced. The RSA and the bankruptcy proceeding will allow for the restructuring of thFriday, April 15, 2016 |
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| 24hGold - Publicnow |
| Goodrich Petroleum Announces Final Results Of Tender Offers And Special Meeting Of Stockholders |
| HOUSTON, April 11, 2016/PRNewswire / -- Goodrich Petroleum Corporation (OTC Markets: GDPM) (the 'Company') today announced final results of its previously announced offers to exchange newly issued shares of common stock, par value $0.20 per share (the 'Common Stock'), for any and all of its Existing Unsecured Notes (as defined below) (the 'Unsecured Notes Exchange Offers') and for any and all shares of its Existing Preferred Stock (as defined below) (the 'Preferred Exchange Offers,' and togetherMonday, April 11, 2016 |
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| 24hGold - Publicnow |
| Goodrich Petroleum Reminds Holders Of Its Unsecured Notes And Preferred Stock To Make Election On Exchange Offers By April 8, 2016 |
| HOUSTON, April 5, 2016/PRNewswire / -- Goodrich Petroleum Corporation (OTC Markets: GDPM) (the 'Company') today reminds the holders of its unsecured notes and preferred stock to make their election on its previously announced exchange offers by 5:00 pm, New York Citytime, on April 8, 2016. Holders who have already tendered their unsecured notes or preferred stock do not have to re-tender their notes or shares or take any other action as a result of the previous extensions of the exchange offers.Tuesday, April 5, 2016 |
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| 24hGold - Publicnow |
| Goodrich Petroleum Reminds Its Stockholders To Vote Or Submit Their Proxy Prior To Or At Special Meeting Of April 8, 2016 |
| HOUSTON, April 5, 2016/PRNewswire / -- Goodrich Petroleum Corporation (OTC Markets: GDPM) (the 'Company') reminds its stockholders to cast their votes or submit their proxy prior to or at its special meeting to be held on April 8, 2016to consider resolutions to (1) amend the Company's Restated Certificate of Incorporation to increase the number of authorized shares of Common Stock from 150 million to 400 million ('Proposal One'), (2) amend the Certificate of Designation of the Series B PreferredTuesday, April 5, 2016 |
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| 24hGold - Publicnow |
| Goodrich Petroleum Announces Results To Date And Extension Of Tender Offer Period |
| HOUSTON, March 31, 2016/PRNewswire / -- Goodrich Petroleum Corporation (OTC Markets: GDPM) (the 'Company') today announced results to date and that it is extending the expiration date of its previously announced offers to exchange newly issued shares of common stock, par value $0.20 per share (the 'Common Stock'), for any and all of its Existing Unsecured Notes (as defined below) (the 'Unsecured Notes Exchange Offers') and for any and all shares of its Existing Preferred Stock (as defined below)Thursday, March 31, 2016 |
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| 24hGold - Publicnow |
| Goodrich Petroleum Announces Adjournment Of Special Meeting Of Stockholders Until April 8, 2016 |
| HOUSTON, March 31, 2016/PRNewswire / -- Goodrich Petroleum Corporation (OTC Markets: GDPM) (the 'Company') today announced that the Chairman of the special meeting of stockholders adjourned the special meeting of stockholders in order to provide additional time to allow the Company's Common Stock and Preferred Stock holders to cast their votes or submit their proxy. The special meeting of stockholders will be reconvened on April 8, 2016at the Company's corporate offices located at 801 Louisiana,Thursday, March 31, 2016 |
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 | Chris Ciovacco - Ciovacco Capital Management |
| Oil Rally Faces Big Test This Week |
| Business Plans Did Not Include Oil Prices This Low
The issues facing the oil industry can be summed up via a quote that recently
appeared on Bloomberg:
"Asset managers bought the story that we'd have $100 oil forever," said
Tim Gramatovich, chief investment officer with Peritus Asset Management
in Santa Barbara. "Bondholders are left holding the bag."
Is The Oil Bounce Running Into Resistance?
The trendlines on the weekly oil chart below were drawn and presented on January
Monday, March 14, 2016 |
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| 24hGold - Publicnow |
| Goodrich Petroleum Announces Unsecured Notes And Preferred Stock Exchange Offers |
| HOUSTON, Jan. 26, 2016/PRNewswire / -- Goodrich Petroleum Corporation (OTC Markets: GDPM) (the 'Company') today announced that it has commenced offers to exchange newly issued shares of common stock, par value $0.20per share (the 'Common Stock'), for any and all of its Existing Unsecured Notes (as defined below) (the 'Unsecured Notes Exchange Offers') and for any and all shares of its Existing Preferred Stock (as defined below) (the 'Preferred Exchange Offers'). The Company has also announced itTuesday, January 26, 2016 |
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| 24hGold - Yahoo |
| OIL What Were OPEC Policies during Previous Crude Oil Crashes |
| Why History Suggests that Crude Oil May Be Low for Next 2 Decades(Continued from Prior Part) OPEC policy during 1985-86 crude oil crash
During the 1985-86 crude oil crash, OPEC (Organization of Petroleum Exporting Countries) decided to defend its market share by pumping more oil. The objective was to hurt production from non-OPEC regions like Alaska, Mexico, and the North Sea in order to capture market share. Oil is the major source of income for OPEC countries. Read How Are Oil Prices SqueezinMonday, December 28, 2015 |
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| 24hGold - Noodls |
| Series E Preferred Stock - Dividend Payment |
| HOUSTON, Dec. 21, 2015/PRNewswire / -- In connection with Goodrich Petroleum Corporation's (NYSE: GDP) (the 'Company') recent tender offer and issuance of depositary shares, each representing a 1/1000th ownership interest in a share of the Company's new 10.00% Series E Cumulative Convertible Preferred Stock (the 'Series E Preferred Stock'), the Company has arranged for the filing of Form 211 with the Financial Industry Regulatory Authority ('FINRA') to initiate the listing of the Series E PreferMonday, December 21, 2015 |
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| 24hGold - Yahoo |
| 9:01 am NextEra Energy subsidiary sells its ownership interest in its Forney and Lamar generating assets to an affiliate of Energy Future Holdings for ~$1.59 bln |
| The S&P 500 futures trade eight points above fair value. Markets in the Asia-Pacific region ended Tuesday mostly higher. It was anything but quiet on the news front. The Asian regional indices kicked the night off on a high note and set the tone with closed out the session with all of the major stock indexes in positive territory. The notable laggard in the group was the Shanghai, which managed to only post a 0.3% gain on the day, with gains capped following a weaker than expected Manufacturing Sunday, November 29, 2015 |
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| 24hGold - Yahoo |
| Edited Transcript of GDP earnings conference call or presentation 4-Nov-15 4:00pm GMT |
| HOUSTON Nov 4, 2015 (Thomson StreetEvents) -- Edited Transcript of Goodrich Petroleum Corp earnings conference call or presentation Wednesday, November 4, 2015 at 4:00:00pm GMTTEXT version of Transcript================================================================================Corporate Participants================================================================================ * Joe Leary Goodrich Petroleum Corporation - Interim CFO * Gil Goodrich Goodrich Petroleum CorporatWednesday, November 4, 2015 |
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| 24hGold - Noodls |
| Goodrich Petroleum Announces Third Quarter 2015 Financial Results And Operational Update |
| HOUSTON, Nov. 4, 2015/PRNewswire / -- Goodrich Petroleum Corporation (NYSE: GDP) (the 'Company') today announced financial results for the quarter ended September 30, 2015and a financial update.
FINANCIAL UPDATE:
To date, the Company has reduced total debt by approximately $198 million(31%) and annual interest expense by approximately $9.5 million(debt exchanges and conversions only) since the end of the second quarter through the following transactions:
In September the Company exchangedWednesday, November 4, 2015 |
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| 24hGold - Associated Press |
| Goodrich Petroleum reports 3Q loss |
| HOUSTON (AP) _ Goodrich Petroleum Corp. (GDP) on Wednesday reported a loss of $17.8 million in its third quarter.
On a per-share basis, the Houston-based company said it had a loss of 44 cents.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The independent oil and gas company posted revenue of $17.7 million in the period, also missWednesday, November 4, 2015 |
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