Our transition will continue, and we are confident further progress will be made over the coming quarters, as we will direct virtually all of our drilling and development capital expenditures to oil-directed drilling in both the Eagle Ford Shale and the Tuscaloosa Marine Shale. In the TMS, we significantly expanded our footprint and acreage position in the thick, high-resistivity portion of the play during the second quarter.We exited the first quarter with approximately 102,000 net acres. We updated that position on May 23 to reflect the addition of 18,000 net acres, and we subsequently added another 12,000 net acres, during the second quarter, to bring our total net position to 132,000 net acres.
Goodrich Petroleum's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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