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Goodrich Petroleum cuts oil drilling in La. and Miss.

2015-01-30 20:08:41| Energy - Topix.net

Low oil prices mean the driller that has been the most bullish on an oil region that straddles the Louisiana-Mississippi line is cutting back. Goodrich Petroleum Corp., based in Houston, said Friday that it will spend $80 million to $100 million on exploration and drilling this week, down from $150 million to $200 million it had previously projected.

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