HOUSTON, April 6, 2017 /PRNewswire/ -- Goodrich Petroleum Corporation (the "Company") (OTCQX: GDPP) today announced that the Company's common stock has been approved for listing on the NYSE MKT. The Company's common stock is expected to begin trading on the NYSE MKT under the symbol "GDP" on April 11, 2017. The Company's common stock will continue to trade on the OTCQX until the close of market on April 10, 2017.
Robert C. Turnham, President of the Company, stated "Listing on NYSE MKT represents an important corporate milestone since our emergence in October 2016, and we expect the new listing will enhance trading liquidity and expand the pool of potential investors."
About Goodrich Petroleum Corporation
Goodrich Petroleum is an independent oil and gas exploration and production company headquartered in Houston, Texas. For more information, please visit the Company's website at www.goodrichpetroleum.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this news release regarding future expectations and plans for future activities may be regarded as "forward looking statements." Such forward-looking statements are subject to various risks, such as financial market conditions, changes in commodities prices and costs of drilling and completion, operating hazards, drilling risks, and the inherent uncertainties in interpreting engineering data relating to underground accumulations of oil and gas, as well as other risks discussed in detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2016 and other subsequent filings with the SEC. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Goodrich Petroleum Corporation