Goodrich Petroleum Announces First Quarter 2007 Earnings Conference Call

Goodrich Petroleum Announces First Quarter 2007 Earnings Conference Call

Goodrich Petroleum Corporation today announced that it has scheduled a conference call on Thursday, May 10, 2007, at 11:00 AM, Eastern Time, to discuss its first quarter 2007 operations and earnings. The Company plans to issue its first quarter 2007 earnings release on Wednesday, May 9, 2007 after the close of trading on the NYSE. To access the conference call, domestic participants should dial (800) 798-2796 and international participants should dial (617) 614-6204. The participant passcode is 18110428. A telephonic replay of the conference call will be available through May 17, 2007 and will be permanently archived thereafter on the Company’s website at http://www.goodrichpetroleum.com/ . Domestic participants accessing the telephonic replay should dial (888) 286-8010 and international participants should dial (617) 801-6888. The participant passcode is 65877473.

Certain statements in this news release regarding future expectations and plans for future activities may be regarded as “forward looking statements” within the meaning of the Securities Litigation Reform Act. They are subject to various risks, such as financial market conditions, operating hazards, drilling risks, and the inherent uncertainties in interpreting engineering data relating to underground accumulations of oil and gas, as well as other risks discussed in detail in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.

Goodrich Petroleum is an independent oil and gas exploration and production company listed on the New York Stock Exchange. The majority of its properties are in Louisiana and Texas.

Goodrich Petroleum Corporation

CONTACT: Robert C. Turnham, Jr., President, or David R. Looney, Chief Financial Officer, both of Goodrich Petroleum Corporation, +1-713-780-9494, or

fax, +1-713-780-9254

Web site: http://www.goodrichpetroleum.com/

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