OKLAHOMA CITY, Jan. 6, 2014 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) ("Gulfport") today announced that it achieved record daily production of approximately 27,780 barrels of oil equivalent per day ("BOEPD") on December 31, 2013. James Palm, Gulfport's Chief Executive Officer, commented, "We entered 2013 producing approximately 6,300 BOEPD and exited the year producing 27,780 BOEPD, which was over 340% in [...]
OKLAHOMA CITY, Dec. 20, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) ("Gulfport") today announced that Blackhawk Midstream LLC ("Blackhawk"), an entity in which Gulfport owns a 50% interest, has entered into definitive agreements with Summit Midstream Partners, LLC ("Summit Investments") for the sale to Summit Investments of Blackhawk's equity interest in two entities, Ohio Gathering Company, LLC and Ohio [...]
OKLAHOMA CITY, Dec. 10, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) today announced an expansion to its management team. Expansion to Management Team In September 2013, the company appointed J. Ross Kirtley as Chief Operating Officer for its Ohio activities. Prior to joining Gulfport, Mr. Kirtley was previously with SandRidge Energy, Inc. ("Sandridge"), serving as Vice President of Services for [...]
OKLAHOMA CITY, Nov. 7, 2013 (GLOBE NEWSWIRE) -- On November 6, 2013 Gulfport Energy Corp. (Nasdaq:GPOR) ("Gulfport") announced the pricing of an underwritten public offering (the "Gulfport Offering") of 6,500,000 shares of its common stock at a price to the public of $56.75 per share. The underwriters have an option to purchase up to an additional 975,000 shares from Gulfport at the public offering price per share (less [...]
OKLAHOMA CITY, Nov. 6, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) today announced the commencement of an underwritten public offering of 6,500,000 shares of its common stock, subject to market and other conditions. The underwriters will have an option to purchase up to an additional 975,000 shares from Gulfport. Gulfport intends to use the net proceeds from this offering for general corporate purposes [...]
OKLAHOMA CITY, Nov. 5, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) today reported financial and operating results for the third quarter of 2013 and provided an update on its 2013 activities and its planned 2014 activities. Financial and Operational Highlights Produced oil and natural gas sales volumes of 1,193,808 barrels of oil equivalent ("BOE"), or 12,976 barrels of oil equivalent per day ("BOEPD [...]
OKLAHOMA CITY, Nov. 1, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) will hold a conference call on Tuesday, November 5, 2013 at 4:30 p.m. CST to discuss its third quarter 2013 financial and operational results and to provide an update on the Company's recent activities. Gulfport's third quarter 2013 earnings are scheduled to be released after the market close on Tuesday, November 5, 2013. Interested [...]
OKLAHOMA CITY, Oct. 16, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) ("Gulfport") today provides third quarter 2013 production and provides an operational update. Production Gulfport produced oil and natural gas sales volumes of 1,193,808 barrels of oil equivalent ("BOE"), or 12,976 barrels of oil equivalent per day ("BOEPD"), compared to the company's previously estimated guidance range of 12,250 to [...]
OKLAHOMA CITY, Sept. 17, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) today announced production results on its Wagner 3-28H, Clay 3-4H, and Lyon 3-27H wells in the Utica Shale. Utica Shale Gulfport's Wagner 3-28H well was recently placed on production in the Utica Shale. The Wagner 3-28H produced at an average seven-day sales rate of 9.7 million cubic feet ("MMCF") per day of natural gas, 214 barrels [...]
OKLAHOMA CITY, Sept. 10, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) today provided an update on its third quarter 2013 and full year 2013 production guidance. Gulfport currently estimates third quarter 2013 production to be in the range of 12,250 to 12,750 BOEPD. Gulfport's prior third quarter guidance has been adversely impacted by pipeline infrastructure delays and higher than anticipated downtime [...]
OKLAHOMA CITY, Aug. 6, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) today reported financial and operating results for the second quarter of 2013 and provided an update on its 2013 activities. For the second quarter of 2013, Gulfport reported net income of $43.8 million on oil and natural gas revenues of $70.2 million, or $0.56 per diluted share. EBITDA (as defined below) for the second quarter of 2013 [...]
OKLAHOMA CITY, July 23, 2013 (GLOBE NEWSWIRE) -- Gulfport Energy Corp. (Nasdaq:GPOR) ("Gulfport") today provides an operational update and schedules second quarter 2013 financial and operational results conference call. Production Gulfport produced oil and natural gas sales volumes of 815,300 barrels of oil equivalent ("BOE"), or 8,959 barrels of oil equivalent per day ("BOEPD"), compared to the company's previously [...]