Thursday, October 13, 2016

Goodrich Petroleum Shares Cancelled

"On September 29, 2016, the United States Bankruptcy Court for the Southern District of Texas Houston Division confirmed the Debtors' First Amended Joint Plan of Reorganization (“Plan”) for Goodrich Petroleum Corporation (GDPMQ). The Plan became effective before the open on October 13, 2016, and GDPMQ shares were canceled. Effective October 13, 2016, existing GDPMQ options are adjusted to no longer call for the delivery of Goodrich Petroleum Corporation Shares upon exercise."

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