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News Breaks
December 17, 2012
16:51 EDTGPORGulfport Energy provides operational update
Grizzly Oil Sands ULC, a company in which Gulfport (GPOR) holds an approximate 25% interest, announced that it has submitted a resource application to the Alberta Energy Resources Conservation Board for the development of a 12,000 barrel per day oil sands project at Thickwood. Grizzly's Thickwood Thermal project is expected to produce 12,000 bpd of bitumen for up to 40 years utilizing both steam-assisted gravity drainage and cyclic steam stimulation recovery technologies. The project will consist of: a plant site consisting of two 6,000 bpd central processing facilities; four SAGD well pads (split pads) and up to 33 CSS well pads; and associated facilities and infrastructure. Following approval, which is expected within 12-18 months of application submission, Grizzly anticipates the period leading up to first production to be approximately 18 months.
News For GPOR From The Last 14 Days
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July 27, 2015
08:24 EDTGPORGulfport Energy reports Q2 net production averaged 473.9 MMcfe/d
Gulfport Energy provided a Q2 operational update. Operational highlights for the Q2 include: net production averaged 473.9 MMcfe per day for the quarter, exceeding the Company's previously estimated guidance of approximately 445 MMcfe per day to 455 MMcfe per day; realized natural gas price before the impact of derivatives and including transportation costs averaged $2.23 per Mcf, a $0.41 per Mcf differential to NYMEX during the quarter; realized oil price before the impact of derivatives and including transportation costs averaged $50.15 per barrel, a $7.81 per barrel differential to WTI oil price during the quarter; realized natural gas liquids price, including transportation costs, averaged $12.71 per barrel, or $0.30 per gallon, approximately 22% of the average WTI oil price during the quarter.
July 20, 2015
10:00 EDTGPOROn The Fly: Analyst Upgrade Summary
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08:01 EDTGPORGulfport Energy upgraded to Buy from Accumulate at KLR Group
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