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Gulfport Energy (GPOR) -3.3% premarket after announcing a public offering of 7.75M shares of...

Gulfport Energy (GPOR) -3.3% premarket after announcing a public offering of 7.75M shares of common stock. Net proceeds will be used to fund the purchase of ~22K net acres in the Utica Shale in Ohio from an affiliate of Wexford Capital for ~$220M. The deal increases GPOR's Utica leasehold interests to ~128K net acres.
Comments (1)
  • TFCAB
    , contributor
    Comments (2008) | Send Message
     
    another monday morning pick-me-up. :(
    11 Feb 2013, 10:53 AM Reply Like
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