Gulfport Energy Corp.

OKLAHOMA CITY, May 15, 2018 -- Gulfport Energy Corp. today provided an update on recent SCOOP well results. Key highlights include: Lilly 3-15X10H produced at an average 30-day production rate of 16.7 MMcfe per day, or 2,449 Mcfe per 1,000 foot of lateral. Lilly 4-15X10H produced at an average 30-day production rate of 13.1 MMcfe per day, or 1,782 Mcfe per 1,000 foot of lateral. SCOOP Woodford Production Results During [...]

OKLAHOMA CITY, May 08, 2018 -- Gulfport Energy Corp. today reported financial and operational results for the quarter ended March 31, 2018 and provided an update on its 2018 activities. Key information includes the following: Net production averaged 1,288.6 MMcfe per day during the first quarter of 2018. Net income of $90.1 million, or $0.50 per diluted share, for the first quarter of 2018. Adjusted net income of $101.9 [...]

OKLAHOMA CITY, April 26, 2018 -- Gulfport Energy Corp. today announced that it has entered into a definitive agreement for EQT Midstream Partners, LP to acquire Gulfport’s 25% equity interest in Strike Force Midstream LLC . Gulfport has agreed to sell its 25% interest in Strike Force Midstream for a purchase price of $175 million in an all cash transaction to EQT Midstream Partners. Upon completion of the [...]

OKLAHOMA CITY, April 19, 2018 -- Gulfport Energy Corp. today provided an update for the quarter ended March 31, 2018. Key information for the first quarter of 2018 includes the following: Net production averaged 1,288.6 MMcfe per day, a 2% increase over the fourth quarter of 2017 and 52% increase versus the first quarter of 2017. Realized natural gas price, before the impact of derivatives and including transportation [...]

OKLAHOMA CITY, March 26, 2018 -- Gulfport Energy Corp. today provided an update on recent SCOOP well results. Key highlights include: North Cheyenne 3-10X3H produced at an average 30-day production rate of 12.1 MMcfe per day, or 1,682 Mcfe per 1,000 foot of lateral. North Cheyenne 4-10X3H produced at an average 30-day production rate of 13.4 MMcfe per day, or 1,952 Mcfe per 1,000 foot of lateral. North Cheyenne 5-10X3H [...]

Gulfport Energy today announced that Deborah G. Adams has been appointed to Gulfport’s Board of Directors . Ms. Adams has also been appointed to serve on the Board’s Audit Committee and Compensation Committee. Ms. Adams served as Senior Vice President of Health and Safety, Projects and Procurement with Phillips 66 from May 2014 until her retirement in October 2016. From 2008 to May 2014, Ms. Adams served as [...]

OKLAHOMA CITY, Feb. 21, 2018 -- Gulfport Energy Corp. today reported financial and operational results for the quarter and year ended December 31, 2017 and provided an update on its 2018 activities. Key information includes the following: Year-end 2017 total proved reserves grew to 5.4 Tcfe, as compared to 2.3 Tcfe at year-end 2016, an increase of 132% year-over-year. Net of the SCOOP acquisition, year-end 2017 total [...]

OKLAHOMA CITY, Feb. 07, 2018 -- Gulfport Energy Corp. today scheduled its fourth quarter and full-year 2017 financial and operational results conference call. Gulfport will hold a conference call on Thursday, February 22, 2018 at 8:00 a.m. CST to discuss its fourth quarter and full-year of 2017 financial and operational results and to provide an update on the Company’s recent activities. Gulfport's fourth quarter [...]

OKLAHOMA CITY, Jan. 29, 2018 -- Gulfport Energy Corp. today announced its 2018 capital budget, its 2018 operation outlook and that its board of directors has approved a stock repurchase program to acquire up to $100 million of its outstanding common stock during 2018. Key information includes the following: Budgeted 2018 total capital expenditures of $770 million to $835 million to be funded within cash flow. Forecasted [...]

OKLAHOMA CITY, Jan. 29, 2018 -- Gulfport Energy Corp. today provided an update for the quarter and year ended December 31, 2017. Key information includes the following: Net production for the fourth quarter of 2017 averaged 1,263.3 MMcfe per day, a 5% increase over the third quarter of 2017 and 61% increase versus the fourth quarter of 2016. Realized natural gas price for the fourth quarter of 2017, before the impact of [...]