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Stock Market & Financial Investment News

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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March 5, 2015
10:15 EDTGPORGulfport Energy management to meet with SunTrust
Meetings to be held in New York on March 9 and in Connecticut on March 10 hosted by SunTrust.
February 27, 2015
09:58 EDTGPOROn The Fly: Analyst Upgrade Summary
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07:58 EDTGPORGulfport Energy price target raised to $60 from $50 at Wunderlich
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07:50 EDTGPORGulfport Energy upgraded to Buy from Hold at Johnson Rice
07:45 EDTGPORGulfport Energy price target raised to $54 from $46 at Canaccord
Canaccord raised its price target on Gulfport Energy to $54 from $46 as the believe it may be the best positioned name in their coverage universe considering its growth profile, balance sheet, and core Utica acreage position. Canaccord reiterated its Buy rating on Gulfport Energy shares.
February 25, 2015
16:10 EDTGPORGulfport Energy reports 305% increase in total proved reserves to 933.6 Bcfe
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16:09 EDTGPORGulfport Energy sees FY15 CapEx $545M-$595M
With 96% allocated to activities in the Utica Shale.
16:08 EDTGPORGulfport Energy sees FY15 production 432-480 MMcfepd
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16:07 EDTGPORGulfport Energy reports Q4 adjusted EPS 12c, may not compare to consensus (1c)
Reports Q4 revenue $267.7M, may not compare to consensus $169.54M.

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