Gulfport Energy (GPOR) agrees to purchase 30K net acres in the Utica Shale in Ohio from an...

|About: Gulfport Energy Corporation (GPOR)|By:, SA News Editor

Gulfport Energy (GPOR) agrees to purchase 30K net acres in the Utica Shale in Ohio from an affiliate of Wexford Capital for ~$300M, increasing GPOR's Utica leasehold interests to ~99K net acres. To fund the deal, GPOR plans a public offering of 9M common shares. GPOR -3.3% AH.