Gulfport Energy Sees Utica Shale Shift, Moves Activity South and East
A major investor in the Utica Shale Play said it is moving farther south in Ohio and eastward into West Virginia during its 2014 first quarter earnings call on Friday.
Gulfport Energy Corp. has located most of its oil and gas leases in Belmont and Harrison counties and recently picked up another 8,000 acres, primarily in Belmont County, from Murray Energy Corporation, a privately owned coal company.
Gulfport Energy entered the Utica Shale Play in 2012 and pulled in some big-number wells in Belmont County and currently has about 50 on line, the company said.
The earnings call was recorded and transcribed on the Seeking Alpha website.Click here to read more about Gulfport's plans.
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