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re: Goodrich Petroleum Announces Tuscaloosa Marine Shale Well Result

Posted on 10/13/14 at 4:54 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
18995 posts
Posted on 10/13/14 at 4:54 pm to
I looked at GDP and HK a couple days ago. Yikes is right.

...Halcon only plummeted 16% today haha. It's at $2.51 after reaching 7.42 just a few months ago. Anyone re entering?
This post was edited on 10/13/14 at 4:57 pm
Posted by FelicianaTigerfan
Comanche County
Member since Aug 2009
26059 posts
Posted on 10/13/14 at 5:58 pm to
Hk just announced it was pulling one rig out of te TMS. That leaves then with one rig drilling. With that one rig they can meet their previously announced plan o drilling 8 in 2014. So, sounds like they won't be ramping up production.

GDP recent results shouldn't be what's affecting their stocks.

Nothing has changed in the TMS to hurt stocks, but oils priced have. With the declining oil prices it's not profitable enough to keep it up.
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 10/14/14 at 8:13 am to
My intial position was at 5.30, I bought again at 4.50, and had an order to buy at 3.50 yesterday but it didn't trigger
Posted by ForeverLSU02
Albany
Member since Jun 2007
52157 posts
Posted on 10/15/14 at 3:30 pm to
quote:

Halcon only plummeted 16% today haha. It's at $2.51 after reaching 7.42 just a few months ago
Holy shite. I sold mine around $6 and quit following it

quote:

Anyone re entering?
Hmmmmm
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