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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 18, 1995
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GOODRICH PETROLEUM CORPORATION
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(Exact name of registrant as specified in its charter)
DELAWARE 33-58831 76-0466913
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
5847 SAN FELIPE, SUITE 700, HOUSTON, TEXAS 77057
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 713-780-9494
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ITEM 5. OTHER EVENTS
The Company's press release (incorporated by reference hereto) attached as
Exhibit 99.1 sets forth the details of the Company's recent conversion of
preferred stock into common stock.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibit 99.1 Press release of Goodrich Petroleum Corporation
dated October 26, 1995
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
GOODRICH PETROLEUM CORPORATION
By: /s/ GLYNN E. WILLIAMS, JR.
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Glynn E. Williams, Jr.
Vice President and Secretary
Dated: October 26, 1995
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Exhibit 99.1
NEWS FROM
GOODRICH PETROLEUM CORPORATION
333 TEXAS STREET, SUITE 1375
SHREVEPORT, LOUISIANA 71101-5319
(318) 429-1375
FAX (318) 429-2296
CONTACT: TRADED: NYSE(GDP)
ROLAND FRAUTSCHI
GLYNN WILLIAMS
GOODRICH PETROLEUM CORPORATION ANNOUNCES PARTIAL PREFERRED STOCK CONVERSION
Houston, Texas, October 26, 1995 - Goodrich Petroleum Corporation announced
today that holders of its preferred stock have elected to convert an aggregate
of 363,851 shares (or approximately 33%) of its Series A Convertible Preferred
Stock (NASDAQ symbol "GDPAP") into Goodrich common stock. The conversion was
made pursuant to a special conversion right arising from Goodrich's August 15th
merger with Patrick Petroleum Company. Each share was converted at a rate of
6.25 shares of common stock for each share of preferred stock.
The conversion will result in the Company issuing 2,252,496 shares of common
stock. The number of outstanding preferred shares after conversion will be
734,859. The preferred stock carries an annual dividend rate of 8%.
Goodrich Petroleum Corporation is an independent oil and gas exploration and
production company listed on the New York Stock Exchange with a majority of its
properties located in Texas and Louisiana.
