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Tuesday, November 11, 2014

Gulfport Energy Reports 3rd Quarter Results

From a Gulfport Energy press release:
Operational Update 
Utica Shale 
In the Utica Shale, Gulfport spud 31 gross (26.4 net) wells during the third quarter of 2014. In addition, Gulfport brought online 19 wells, all located within the wet gas window of the play. At present, Gulfport has eight horizontal rigs drilling in the play. 
Since August 2014, Gulfport has increased its acreage position in the play, adding approximately 500 net acres, bringing the Company's total acreage position to approximately 185,000 gross (184,000 net) acres under lease in the Utica Shale.

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