There's plenty of pain wherever you look in the oil and gas business these days. But Goodrich Petroleum is probably hurting more than most after staking its future on the emerging Tuscaloosa Marine Shale (TMS) just before prices collapsed. The Houston-based company looks set to lose its listing on the New York Stock Exchange (NYSE) pretty soon based on failure to meet the exchange's minimum requirements for a listed company's share price and market capitalization.
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