Goodrich Petroleum Corp., Houston, expects to begin hydraulic fracturing operations on its next two Haynesville wells, the Cason-Dickson 14&23 No. 1 & 2 (92% WI), early this month. The company noted its plans as part of its fourth quarter and yearend 2017 update.

The sale of certain production, facilities, infrastructure and a portion of its acreage in the Angelina River Trend to BP America Production Company has closed and a portion the proceeds will go to pay debt ahead of the company’s plans to accelerate development of its North Louisiana Haynesville asset in the second half of this year.

Goodrich spent the majority of its fourth quarter 2017 and fullyear 2017 capex, $16 million and $41.8 million, respectively, on drilling and completion of operated Haynesville wells, the company said.