Each one in plain English, with the numbers worked through for a shareholder.
22 Mar 2018substantial holder notice● Neutral
GEN IV INVESTMENT OPPORTUNITIES, LLC, LSP GENERATION IV, LLC, LSP INVESTMENT ADVISORS, LLC reported a GOODRICH PETROLEUM CORP shareholding of 1,768,991 shares (15.57% of votes) in a periodic institutional filing.
This amendment adds the pro forma figures for the BP sale of Angelina River Trend assets, with the same facts as before. As if the sale had happened on December 31, 2017, cash would rise from about $25.99 million to $48.76 million and net oil and gas properties would fall by about $22.9 million; 2017 pro forma revenue would drop by about $3.1 million, and the 2017 net loss would narrow from $7.996 million to $7.772 million. Long-term debt of $55.7 million is shown unchanged in these figures.
28 Feb 2018asset acquisition disposition▲ GoodMajor
On February 28, 2018 Goodrich sold working interests and some undeveloped acreage in the Angelina River Trend in Texas to BP America Production for about $23 million. The company says it will use part of the proceeds to pay off its revolver (the one signed in October 2017) and plans to speed up Haynesville development in the second half of 2018.
GEN IV INVESTMENT OPPORTUNITIES, LLC, LSP GENERATION IV, LLC, LSP INVESTMENT ADVISORS, LLC disclosed a new substantial GOODRICH PETROLEUM CORP shareholding (10.56% of votes).
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a GOODRICH PETROLEUM CORP shareholding of 3,460,458 shares (31.60% of votes) in a periodic institutional filing.
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a GOODRICH PETROLEUM CORP shareholding of 4,552,815 shares (41.60% of votes) in a periodic institutional filing.
ANCHORAGE CAPITAL GROUP, L.L.C, ANCHORAGE ADVISORS MANAGEMENT, L.L.C, KEVIN M. ULRICH, ANCHORAGE ILLIQUID OPPORTUNITIES V, L.P, AIO V AIV reported a GOODRICH PETROLEUM CORP shareholding of 1,567,744 shares (14.88% of votes) in a periodic institutional filing.
Shenkman Capital Management, Inc, Shenkman Energy Opportunity Master Fund Ltd, Four Points Multi-Strategy Master Fund, Inc, Mark R. Shenkman reported a GOODRICH PETROLEUM CORP shareholding of 1,088,421 shares (9.80% of votes) in a periodic institutional filing.
SENATOR INVESTMENT GROUP LP, ALEXANDER KLABIN, DOUGLAS SILVERMAN reported no remaining GOODRICH PETROLEUM CORP shareholding in its periodic institutional filing.
Kevin Russell, Andrew Martin, UBS O'Connor LLC reported a GOODRICH PETROLEUM CORP shareholding of 554,895 shares (5.00% of votes) in a periodic institutional filing.
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a GOODRICH PETROLEUM CORP shareholding of 4,703,880 shares (41.00% of votes) in a periodic institutional filing.