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Gold/Mining/Energy : Goodrich Petroleum Corporation (GDP-NYSE)
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To: richard badauskas who wrote (3)10/15/1997 5:34:00 PM
From: William JH   of 12
 
Richard and all - I called GDP and asked for an annual report about
two years ago. Ever since that time they have sent me mailings of their press releases and 10Qs. I didn't own the stock, but was thinking strongly about buying it when they announced this most recent find.

Called the company yesterday and they informed me that they don't normally make announcements about discoveries until more testing is
done, but that there had been big stock volume Monday, so they issued a press release. Also, I asked them if there was any chance they might be de-listed because of the low stock price and they said no, and that they met with exchange officials regularly.

I bought some yesterday and again today. I thought the company looked good based on their Sept 10 and Sept 16 finds. If this new one is big, they really look good.

Good luck.
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