Goodrich Petroleum Corporation Common Stock Offering
Davis Polk advised J.P. Morgan Securities LLC as the underwriter in an SEC-registered public offering by Goodrich Petroleum Corporation of 12,000,000 sharesof its common stock, par value $0.20 per share. The offering raised approximately $47.5 million in net proceeds.
Based in Houston, Texas, Goodrich Petroleum Corporation is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas on properties primarily in (i) Southwest Mississippi and Southeast Louisiana which includes the Tuscaloosa Marine Shale Trend, (ii) South Texas, which includes the Eagle Ford Shale Trend and (iii) Northwest Louisiana and East Texas, which includes the Haynesville Shale.
The Davis Polk capital markets team included partner Richard D. Truesdell Jr., counsel Jeff Ramsay and associate Kwesi Larbi-Siaw. Partner Neil Barr and associate Catherine L. Chu provided tax advice. Counsel Loyti Cheng and associate Michael Comstock provided environmental advice. Counsel Ann Becchina provided executive compensation advice. All members of the Davis Polk team are based in the New York office.