|07:05 EDT||GPOR||Gulfport Energy reports Q3 production, provides operational update|
Gulfport Energy provides Q3 production and provides an operational update. Gulfport produced oil and natural gas sales volumes of 1,193,808 BOE, or 12,976 BOEPD, compared to the company's previously estimated guidance range of 12,250 to 12,750 BOEPD. For Q3, net production was 590,187 barrels of oil, 2,981,632 thousand cubic feet of natural gas and 4,480,667 gallons of NGL, or 1,193,808 BOE. Net production for Q3 by region was 662,333 BOE in the Utica Shale, 351,171 BOE at West Cote Blanche Bay, 167,520 BOE at Hackberry and an aggregate of 12,784 BOE in the Bakken, Niobrara and other areas. Gulfport increased its acreage position in the core of the play adding approximately 9,000 gross acres, bringing the company's total acreage position to approximately 154,000 gross acres under lease in the Utica Shale.