Goodrich Petroleum Corporation announced that Mr. Mark E. Ferchau has joined the Company as a Vice President of Engineering and Operations. Mr. Ferchau will be responsible for directing the engineering and operating activities on all of the Company's producing properties, as well as the designing, developing and budgeting of the Company's development plans for the Lafitte, Burrwood and West Delta 83 fields. Mr. Ferchau will also assist the Company in its on-going evaluation efforts of additional acquisitions of mature oil and gas properties. Mr. Ferchau was most recently employed by Forest Oil Corporation as its Onshore Production Manager.
Commenting on the hiring of Mr. Ferchau, the Company's President and CEO Walter "Gil" Goodrich stated, "We are very pleased to have Mark join our team as our Vice President of Engineering and Operations. Mark's career includes extensive gulf coast operating experience and his expertise and talents are going to have an immediate positive impact on our continuing operations and bottom line. Mark assumed his duties on September 4, 2001 and will be located in our Houston, Texas office."