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Stock Market & Financial Investment News

News Breaks
November 27, 2012
19:17 EDTGPOR, MWEGulfport, MarkWest venture commences operation at OH gas processing complex
MarkWest Utica EMG., a joint venture between MarkWest Energy Partners (MWE) and The Energy and Minerals Group, together with Gulfport (GPOR) have commenced operations of the interim 60 MMCF per day Cadiz refrigeration plant in Harrison County, Ohio. This facility is supported by production from Gulfport's Wagner 1-28H well and Boy Scout 1-33H well. MarkWest Utica is constructing a 125 MMcf/d cryogenic processing plant, Cadiz I, which is expected to be completed by 1Q13. An additional 200 MMcf/d cryogenic plant, Cadiz II, is planned to be operational by 3Q13 to support Gulfport's rapidly growing liquids-rich production from the Utica Shale. By the beginning of 2014, MarkWest Utica is expected to construct up to 140 miles of gathering pipeline and associated compression for Gulfport's planned drilling program of 50 gross wells in 2013. Together these facilities will represent the largest fractionation and marketing complex in the Utica Shale, providing 100,000 barrels per day of C2+ fractionation capacity with an expected completion date in 1Q14.
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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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