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Gold/Mining/Energy : GOODRICH PETROLEUM(gdp NYSE)
GDP 23.020.0%Jun 12 9:30 AM EST
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To: William JH who wrote (22)11/11/1997 10:53:00 AM
From: richard badauskas  Read Replies (1) of 39
 
I was told by GDP two weeks ago that a permit was required before flow testing could be carried out, at the earliest first week of December. Permit would allow gas to be piped to a pipeline and oil to be barge loaded. Stock looks a little weak on the technicals, volume has dried up substantially and am hoping for a lower entry point prior to Kings Ridge testing. Two other wells should also have spudded in the last two weeks.
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