Goodrich Petroleum plans to spend $150-$200 million in capex during 2015 with 95% of that directed to oil drilling in the Tuscaloosa Marine Shale. Capex is down from $325- $375 million for 2014 but oil production is expected to grow 30-42% YOY to 6,100-6,700 bopd. Natural gas volumes are expected to fall 15-20% on the sale of the company's East Texas Cotton Valley field assets, which recently closed.Goodrich is focused on the TMS, where......
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