Gulfport Energy Aquires Additional Utica Acreage
Monday, February 18, 2013
According to the Akron Beacon Journal, Gulfport Energy announced it was purchasing 22,000 Utica shale acres from Windsor Ohio LLC. The acres were purchased for about $220 million.
This purchase further strengthens Gulfport’s hold in the Utica shale. The company now holds some 137,000 acres in the Utica.
Read it:
“It brings Gulfport’s working interest in the acreage to 93.8 percent.
Gulfport said it is estimating that its Ohio holdings in 2013 will produce up to 22,192 barrels of oil equivalents per day.
The company has reported that its wells are the biggest-producing wells in Ohio’s Utica shale.”
Gulfport currently has the most productive shale well in Ohio.
» Via: The Akron Beacon Journal › Gulfport Energy aquires additional Utica shale acres in eastern Ohio
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