Goodrich Insider Transaction

HOUSTON, Aug. 26, 2013 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) (the "Company") today announced Josiah T. Austin, a member of the Company's Board of Directors, who files under El Coronado Holdings, LLC, has sold shares in the Company for estate planning purposes and as a gift to his two children. The Company will be filing proper documentation to reflect the sale of stock. After the stock sales, Mr. Austin will remain a top 5% holder and a valued member of the Company's Board of Directors.

Goodrich Petroleum is an independent oil and gas exploration and production company listed on the New York Stock Exchange.

SOURCE Goodrich Petroleum Corporation