Key Developments For Gulfport Energy Corp
Gulfport Energy Corp (GPOR.O) (Nasdaq)
Gulfport Energy Corp. Issues FY 2010 Production Guidance
Gulfport Energy Corp. announced that for fiscal 2010, it expects production to be in the range of 1.85 to 2.05 million BOE.
Gulfport Energy Corp. Issues FY 2009 Production Outlook-Conference Call
Gulfport Energy Corp. announced that for fiscal 2009, it expects production in the range of 1.6-1.8 million barrels of oil equivalent.
Gulfport Energy Corp. Announces Sale of Certain Bakken Shale Assets
Gulfport Energy Corp. announced the Company has sold certain of its oil and gas properties and related assets located in the Bakken Shale of North Dakota for $13.0 million, with an effective date of April 1, 2009.
Gulfport Energy Corp. Issues FY 2009 Production Guidance-Conference Call
Gulfport Energy Corp. announced that for fiscal 2009 it expects to see production about where it was last year, in the range of 1.6 million to 1.8 million barrels of oil equivalent.
Gulfport Energy Corp. Announces $39.0 Million Gain On Monetization Of Fixed Price Contracts For 2009
Gulfport Energy Corp. announced the monetization of its 2009 fixed price contracts for $39.0 million in cash. The Company's fixed price contracts for 2009 provided for the sale of 3,000 barrels of oil per day (BOPD) at a weighted average price of $89.06 per barrel (before transportation costs) for the period January through December 2009. The Company retained its remaining fixed price contracts for 2008, which provide for the sale of 3,500 BOPD at a weighted average price of $86.60 per barrel (before transportation costs) through December 31, 2008. The Company plans to use proceeds from the sale for general corporate purposes, which may include reducing outstanding borrowings under its revolving credit facility.
