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Monday, March 10, 2014

Gulfport Energy Says Infrastructure Isn't Holding Them Back in Utica Shale

From Columbus Business First:
Unlike Chesapeake, though, Gulfport’s ability to produce is not held back by a lack of infrastructure in the play.
“I can’t speak for our peers, but Gulfport is not restricted in any way on how we’re producing our wells,” interim CEO Michael Moore told analysts. “We have plenty of takeaway, plenty of capacity. We don’t have wells shut in, waiting on pipeline. Our wells are not restricted.”
Moore is leading Gulfport while the company searches for a new CEO. Former chief executive James Palm retired in January.
Read the whole article here. 

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