HOUSTON, — /PRNewswire-FirstCall/ — Goodrich Petroleum Corporation (NYSE: GDP) announced that the Company’s President, Robert C. Turnham, Jr., will present at Pritchard Capital Partners Energize 2009 Conference at 2:50 pm pacific time on Wednesday, January 14, 2009, at The Westin San Francisco Market Street, located at 50 Third Street, San Francisco, CA 94103. A copy of the presentation will be available on the Company’s website beginning Tuesday, January 13, 2009 at www.goodrichpetroleum.com.
Certain statements in this news release regarding future expectations and plans for future activities may be regarded as “forward looking statements” within the meaning of the Securities Litigation Reform Act. They are subject to various risks, such as financial market conditions, 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 and other filings with the Securities and Exchange Commission. 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.
Goodrich Petroleum is an independent exploration and production company listed on the New York Stock Exchange. The majority of its oil and gas properties are in Louisiana and Texas.
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SOURCE Goodrich Petroleum Corporation
Galway Resources Ltd. (GWY: TSX-V) is pleased to announce today that it has entered into an option agreement with Rio Tinto Mining and Exploration Corporation (Rio Tinto) to acquire 100% interest in nine coal concessions totaling 7,500 hectares, roughly 50% of the previously drilled San Louis Coal basin located in Santander, Colombia. The project will be known as Carboluis.
“We are pleased to announce the first project resulting from our Colombian strategy of targeting coal properties that have the potential for quick resource development and production potential for a medium sized mine,” said Rob Hinchcliffe.” Of the 29 previous drill holes in the overall San Louis Basin, the best holes were on the property we optioned, which enabled us to develop a seven hole program targeting an open-pittable resource of 20 to 30 million tons of high grade coal, that will be executed right away.”
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