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Gulfport Energy’s CEO And President Announces New Fund
Cambridge, OH – The Guernsey County Foundation Trustees gathered this morning to celebrate their work and to meet with CEO and President of Gulfport Energy Mike Moore. Moore joined the Guernsey County Foundation during their breakfast to learn more about the community and build awareness for a new resource, the Gulfport Energy Fund.
Moore, who announced the opening of the new Gulfport Energy office in Saint Clairsville on Wednesday, spoke about the creation of the Gulfport Energy Fund at the Foundation for Appalachian Ohio and shared Gulfport’s long-term outlook on philanthropy and investing in the regions where they do business.
“I was so impressed by the work happening in Guernsey County,” said Moore. “The Trustees leading the Guernsey County Foundation are dedicated to making a difference across the county and that is exactly what we plan to support through the Gulfport Energy Fund. Gulfport looks forward to helping nonprofit, educational, and community leaders by supporting their good work.”
The Gulfport Energy Fund will support projects to enrich quality of life in Ohio counties where Gulfport is active, including Belmont, Guernsey, Harrison, and Monroe counties. More information on the Fund and the grant application process can be found on the Gulfport Energy Fund webpage.
During the meeting, Moore explained that Gulfport believes today’s resources can do a lot for future generations by supporting the efforts of current leaders while growing the philanthropic resources in the region. Moore then presented Cara Dingus Brook, president and CEO of the Foundation for Appalachian Ohio, with a check for $400,000 to support the Foundation for Appalachian Ohio’s work over the next four years and create the Gulfport Energy Fund.
“Guernsey County has shown such foresight and leadership in growing the Guernsey County Foundation,” said Brook. “They have a mission of creating opportunities for generations of Guernsey County citizens and so does the Gulfport Energy Fund. I look forward to seeing what becomes possible with the support of these two resources for the community.”
Maribeth Wright of the Guernsey County Foundation echoed Brook’s thoughts about this new opportunity.
“The Guernsey County Foundation is happy to see another resource for our county in the Gulfport Energy Fund,” said Wright. “With growing philanthropic resources to support our community and the leaders of the many nonprofits and initiatives here, the future is bright.”
Gifts to the Guernsey County Foundation are tax deductible and can be made in many ways, including cash, bequests, and life insurance. To mail your donation, please designate the Guernsey County Foundation and mail to the Foundation for Appalachian Ohio, PO Box 456, Nelsonville, OH 45764. Gifts can also be made online by selecting the Guernsey County Foundation when donating.
Chesapeake Energy continues to see its legal battles compound over its royalty-payment practices. Already facing lawsuits in several different states and having been subpoenaed by the U.S. Department of Justice, StateImpact Pennsylvania reports that another government outfit is taking a legal interest in the company's royalty payment strategies: Chesapeake Energy has been subpoenaed by the U.S. Postal service, seeking information on its royalty practices, according to a regulatory filing. As StateImpact Pennsylvania has previously reported , the Oklahoma City-based driller faces a slew of disputes and complaints over how it pays royalties. We've posted articles in the past that looked at some of the questionable practices that Chesapeake has employed to reduce the amount of royalties it pays out to landowners. As a quick refresher, note how ProPublica reporter Abrahm Lustgarten shared some of the details in an article which we shared here on The Daily Digger in March
From the Times Leader: Tri-State Environmental of Cadiz has applied for permits to install two different brine injection wells off Fairview Road in Kirkwood Township, Belmont County. According to a public notice, Tri-State has applied for permits with the Ohio Department of Natural Resources to dig two wells to inject brine water associated with the production of oil and natural gas. The first well would be called Tri-State #1, in Section 31, Kirkwood Township. “The proposed well will inject into the Ohio Shale at a depth of 4,600 to 4,800 feet. The average injection is estimated to be 4,000 barrels per day,” according to the notice. “The maximum injection pressure is estimated to be 1,060 psi.” The second well would be called Tri-State #2, in Section 25, Kirkwood Township. “The proposed well will inject into the Bass Islands through Salina Group at a depth of 5,200 to 5,500 feet,” the notice states. The No. 2 well also would receive an estimated 4,000 barrels of brine pe