Seeking Alpha

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

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.
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