Goodrich Petroleum Announces East Texas Asset Sale

Goodrich Petroleum Corporation (NYSE American: GDP) (the “Company”) today announced an asset sale, operational update and fourth quarter and year-end 2017 financial results. East Texas Asset Sale Enhances Liquidity The Company announced that it has closed on the sale of certain production, facilities, infrastructure and a portion of its acreage in the Angelina River Trend to BP America Production Company. The Company will use a portion of the proceeds from

Louisiana - HB444 MINERALS/RIGHTS-ROYALTY: Defines mineral production payments

Abstract: Defines mineral production payment. Present law requires that if the owner of a mineral production payment or royalty owner other than a mineral lessor seeks relief for the failure of a mineral lessee to make timely or proper payment of royalties or production payments, he must give written notice prior to a judicial demand for damages. Proposed law defines mineral production payment as an obligation owed to the purchaser

iLandMan Expands Sales Team With Wilson

Lafayette-based oil and gas lease management software company iLandMan welcomes Tom Wilson to the national sales team as Mid-Continent Regional Sales Executive based in Dallas, TX. A native of Camp Point, Illinois, Tom graduated from Tri-State State Baptist College in Walls, Mississippi before moving to Texas in 2007. Over the next seven years, Tom held operations and sales positions of increasing responsibility, from overseeing field technology services to in-house web

Vine Oil & Gas LP and GEP Haynesville, LLC Announce Exchange of Haynesville Basin Assets

PLANO, Texas and THE WOODLANDS, Texas, January 31, 2018 — Vine Oil & Gas LP (“Vine”) and GEP Haynesville, LLC (“GEP”) exchanged non-operated working interests in the majority of Vine and GEP’s joint venture assets located in Red River, DeSoto and Sabine parishes in Northwest Louisiana (the “Exchange”). The Exchange unwinds a material portion of the joint venture area of mutual interest and allocates to each party the entirety of

Samson Resources II to Sell Its East Texas and North Louisiana Assets to Rockcliff Energy II LLC for $525 MM

The Board of Directors of Samson Resources II, LLC (“Samson” or the “Company”) has approved the sale of the Company’s assets in East Texas and North Louisiana for a cash purchase price of $525.0 MM, subject to customary purchase price adjustments, to an affiliate of Rockcliff Energy II LLC (“Rockcliff Energy”), a privately held company headquartered in Houston, Texas. The sale is expected to close on September 29, 2017, with

EXCO Resources Executes Agreement to Divest South Texas Oil and Natural Gas Properties

EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) announces the execution of a definitive agreement with a subsidiary of Venado Oil and Gas, LLC, an affiliate of KKR, to divest its oil and natural gas properties in South Texas. The purchase price of $300 million is subject to customary closing conditions and adjustments based on an effective date of January 1, 2017. The properties to be divested include the Company’s

Successful Gulf of Mexico Lease Sale Yields $275 Million in High Bids on 913,542 Acres in Central Planning Area

U.S. Secretary of the Interior Ryan Zinke today announced that Lease Sale 247 for oil and gas parcels in the Gulf of Mexico garnered $274,797,434 in high bids for 163 tracts covering 913,542 acres in the Central Planning Area of the Outer Continental Shelf offshore Louisiana, Mississippi, and Alabama. A total of 28 offshore energy companies submitted 189 bids. The sum of all bids received totaled $315,303,884. “Today’s strong sale

Oil and Gas Land Review, CPL/RPL Exam - Lafayette, LA - March 28-31, 2017

Format:  Review Location: University of Louisiana – Lafayette 214 Hebrard Blvd Lafayette, LA 70504-8400 Date:  March 28-31, 2017 Credits:  18.00 CEU & 1.00 CEU Ethics Speaker:  A. Frank Klam, CPL & Owen M. Barnhill, CPL & Thomas M. Rucker II, CPL SEMINAR DESCRIPTION – OIL AND GAS LAND REVIEW – March 28-31, 2017 The Oil and Gas Land Review is a fast-paced, intensive study of the topics covered by the CPL


Dallas, February 15, 2017 – Covey Park Energy LLC  (“Covey Park”), a Dallas, Texas-based independent oil and gas exploration and production company, announced today the closing of the acquisition of additional assets located in the Haynesville shale area of North Louisiana from Chesapeake Exploration, LLC and related companies (“Chesapeake”) for $465 million. Covey Park funded a portion of the Chesapeake acquisition with additional equity investments from its existing investor Denham


Swift Energy Company (OTCQX: SWTF) (the “Company”) announced today that it has sold its remaining 25% interest in the Burr Ferry and South Bearhead Creek Fields in Central Louisiana. The net proceeds received by Swift Energy ($8.0 million, less customary closing adjustments) will be used to reduce the amount of borrowings under the Company’s credit facility which was approximately $212 million prior to receipt of these funds. Interim Chief Executive