Wilkinson

Goodrich Spending Targeting Oil in Eagle Ford, TMS

Goodrich Spending Targeting Oil in Eagle Ford, TMS

Goodrich Petroleum Corp. said Thursday it plans to spend between $175 million and $200 million on capital expenditures (capex) in 2013, most of which will go toward drilling for oil in the Eagle Ford Shale and Tuscaloosa Marine Shale (TMS), but a small portion will be spent on dry gas in the Haynesville Shale.

January 4, 2013