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News Breaks
November 27, 2012
19:13 EDTGPOR, MWEGulfport Energy reports Utica Shale results
Gulfport's Shugert 1-12H well in the Utica Shale was tested following the conclusion of its 60-day resting period. The well was flow tested over 48 hours, reaching an average sustained 18 hour rate of 28.5 MMCF per day of natural gas and 300 barrels of condensate per day. Subsequent to the test, the 12 hour wellhead shut in casing pressure was 5,250 psi. Based upon composition analysis, the gas being produced is 1204 BTU rich gas. Assuming full ethane recovery, the composition above is expected to produce an additional 102 barrels of NGLs per MMCF of natural gas and result in a natural gas shrink of 10%. In ethane rejection mode, the composition is expected to yield 41 barrels of NGLs per MMCF of natural gas and result in a natural gas shrink of 2%. Gulfport currently anticipates it will begin flowing the Shugert 1-12 H into a sales pipeline by the end of January.
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April 23, 2014
08:08 EDTGPORGulfport Energy promotes Michael Moore to CEO, J. Ross Kirtley to COO
Gulfport Energy announced that its board has concluded its nationwide search with Preng & Associates for a CEO. The board announced that Michael G. Moore has been promoted to CEO and has joined the company's board and J. Ross Kirtley has been promoted to COO. In addition, following a concurrent search for directors also led by Preng & Associates, Michael S. Reddin has been appointed to the company's board. Moore was formerly Interim CEO and CFO. Kirtley was formerly COO for the company's Ohio activities.
08:08 EDTGPORGulfport Energy names Michael Moore CEO, Ross Kirtley COO
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05:20 EDTMWEMarkWest Energy raises Q1 distribution by 1c to 87c per unit
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April 16, 2014
08:09 EDTGPORGulfport Energy price target raised to $100 from $85 at Wunderlich
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April 15, 2014
07:22 EDTGPORGlobal Hunter Securities to hold a conference
1:1 Dallas Energy Day is being held in Dallas on April 15.

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