This week on the #htotdpodcast, we sit down with Rob Turnham, President of Goodrich Petroleum, to discuss what it’s like to be a public oil and gas company, the challenges, and the opportunities.  Having gone public in 1995 and with management owning 56% of the float, Goodrich Petroleum is an interesting case study.  Having Eagleford assets, Haynesville and Tuscaloosa Marine Shale (TMS), they have seen every part of the commodity cycle and cycle of basins and plays over 25 years.

We talk hedging, strategy, optionality, lay-offs and reflect on a long career in industry.

#hottakeoftheday podcast Episode 52 w/Rob Turnham, Goodrich Petroleum

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Rob Turnham official bio

Robert C. Turnham, Jr.

President, Goodrich Petroleum

Robert C. Turnham, Jr. is a founding partner, President and Director of Goodrich Petroleum Corporation, a public E&P company focused on exploration, exploitation and development of unconventional onshore oil and natural gas reserves.  The Company was founded in 1995 and trades on the New York Stock Exchange under the symbol GDP.

Goodrich Petroleum has been an early mover in the Haynesville, Eagle Ford and Tuscaloosa Marine shale basins. The Company has spent over $3 billion of capital expenditures in these areas and raised $2.5 billion of capital through asset sales and capital market transactions since going public.

Prior to 1995, Mr. Turnham was President of Liberty Production Company, a privately held oil and gas exploration and production company, and Turnham Interests, Inc., an oil and gas investment company. Mr. Turnham started his career with Pennzoil Company in 1981.

Mr. Turnham has been a guest commentator on CNBC, Fox Business and Bloomberg, a guest speaker at numerous conferences over the years, and has served on various private company and non-profit boards.