Gulfport Energy (GPOR +0.9%) says it is acquiring 7K net acres in the Utica shale in addition to...

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

Gulfport Energy (GPOR +0.9%) says it is acquiring 7K net acres in the Utica shale in addition to its reported purchase of ~30K net acres earlier this week; the total acquisition price is ~$372M. GPOR now sees total 2013 production of 7.6M-7.9M boe, with E&P capital expenditures of $415M-$425M, excluding potential expenses relating to Grizzly.