Gulfport Energy Corp.’s production dipped in the first quarter following a slower operational period in late 2018 that the company anticipated ahead of a ramp in activity that started earlier this year.
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Gulfport Joins Peers, Cuts 2019 Spending Amid Market Volatility
Gulfport Energy Corp. plans to slash spending this year and keep production flat to 2018 levels with a program that generates free cash flow and showcases capital discipline in response to market volatility.
Gulfport Taps Former Murphy Oil CEO to Lead Company
Gulfport Energy Corp. has named David M. Wood, a 40-year oil and gas industry veteran, as its new CEO, ending a nationwide search after Michael Moore resigned over spending misconduct allegations.
Gulfport Ousts CEO for Spending Misconduct Allegations
Gulfport Energy Corp. CEO Michael Moore has resigned after the company said he racked up more than $600,000 in costs over five years for the unauthorized use of a chartered aircraft.
Utica, SCOOP Keep Driving Production Gains for Gulfport
Strong core production from the Utica Shale and the South Central Oklahoma Oil Province (SCOOP) again helped Gulfport Energy Corp. increase volumes in the third quarter, even though it turned fewer wells to sales than analysts had expected.
Gulfport Again Lifts Production Guidance on Utica, SCOOP Performance
Strong performance during the first six months of the year has prompted Gulfport Energy Corp. to again increase its 2018 production guidance.
Utica, SCOOP Again Lift Gulfport Production
Gulfport Energy Corp. produced 1.330 Bcfe/d in the second quarter, beating internal guidance and Wall Street estimates for the period.
Gulfport Lifts Production Guidance on Utica, SCOOP Outperformance
Strong performance from the company’s “base production wedge” in Ohio’s Utica Shale and new wells turned to sales in the South Central Oklahoma Oil Province (SCOOP) during the first quarter have prompted Gulfport Energy Corp. to increase its full-year production guidance, management said Wednesday.
Gulfport’s Utica, SCOOP Quarterly Output Tracking 2018 Guidance
The Utica Shale and South Central Oklahoma Oil Province (SCOOP) helped Gulfport Energy Corp. increase year/year production by 52% in the first quarter.
Gulfport Validates More SCOOP Acreage with Sycamore Test
Gulfport Energy Corp.’s latest test results from the South Central Oklahoma Oil Province (SCOOP) indicate the first Sycamore formation well achieved a 24-hour initial production (IP) rate of 15.7 MMcfe/d.