HOUSTON, March 14 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation announced that the Company's Vice-Chairman and Chief Executive Officer, Walter G. Goodrich and President, Robert C. Turnham, Jr., will present at the Bear Stearns 1st Annual Global Oil & Gas Conference at the Bear Stearns Headquarters located at 383 Madison Avenue in New York City on Thursday, March 15, 2007, at 9:55 am Eastern Time. A copy of the presentation will be available on the Company's website beginning Wednesday, March 14, 2007 at http://www.goodrichpetroleum.com/. 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 exploration and production company listed on the New York Stock Exchange. The majority of its oil and gas properties are in Louisiana and Texas. DATASOURCE: 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, fax, +1-713-780-9254 Web site: http://www.goodrichpetroleum.com/

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