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Gulfport Energy Tags 42,332 BOE/d in 3Q

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   |    Thursday,October 16,2014

Gulfport Energy Corporation reported third quarter 2014 production.

Production

  • Gulfport produced oil and natural gas sales volumes of 3,894,511 barrels of oil equivalent, or 42,332 barrels of oil equivalent per day during the quarter ended September 30, 2014, compared to the company's previously estimated guidance of 40,000 BOEPD.

For the third quarter of 2014, Gulfport's production mix was approximately 71% natural gas and 29% oil and natural gas liquids. Net production for the third quarter of 2014 by region was 3,507,325 BOE in the Utica Shale, 372,374 BOE in Southern Louisiana and an aggregate of 14,812 BOE in the Bakken, Niobrara and other areas.

Net production for the quarter ended September 30, 2014 was 42,332 BOEPD. For the period October 1, 2014 through October 14, 2014, production averaged approximately 53,400 BOEPD.


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