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. 

Connect with us on Facebook and Twitter!

Popular posts from this blog

Pennsylvania Operator To Acquire Three Natural Gas Producers

Major Oil and Gas CEO's Side With Climate Change Initiative

The Second Largest Oil and Gas Merger - Cabot and Cimarex