Gulfport Energy Corporation Announces Pricing of Secondary Public Offering of Common Stock- About: Oil and Gas News

Gulfport intends to use the net proceeds from the offering to fund a portion of the purchase price for its interest in the previously announced acquisition of oil and natural gas properties in the Permian Basin in West Texas. This press release does not constitute an offer to sell or a solicitation of an offer to buy shares of Gulfport’s common stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Gulfport also holds a significant acreage position in the Alberta Oil Sands in Canada through its interest in Grizzly Oil Sands ULC, which has drilled core samples to further evaluate the acreage. Any forward-looking statements made in this press release speak only as of the date of this release and, except as required by law, Gulfport undertakes no obligation to update any forward-looking statement contained in this press release, even if Gulfport’s expectations or any related events, conditions or circumstances change. read more

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