Gulfport Energy (GPOR) Offers Q4 Operational Update

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Go back to Gulfport Energy (GPOR) Offers Q4 Operational Update

Gulfport Energy Corporation Provides Fourth Quarter and Full-Year 2016 Operational Update

January 17, 2017 4:03 PM EST

OKLAHOMA CITY, Jan. 17, 2017 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (Gulfport or the Company) today provided an operational update for the quarter and year ended December 31, 2016. Key information includes the following:

Net production during the fourth quarter of 2016 averaged 787.0 MMcfe per day, a 7% increase over the third quarter of 2016 and a 22% increase versus the fourth quarter of 2015, averaging at the high-end of Gulfports previously provided fourth quarter 2016 guidance of 765 MMcfe per day to 790 MMcfe per day.Net production during the full-year of 2016 averaged 719.8 MMcfe per day, a 31%... More