体育平台 Announces Pending Acquisitions in the Niobrara Shale and the Permian Basin Oil Plays

俄克拉荷马城, 5月13日, 2010 (GLOBE NEWSWIRE) -- 体育平台 (Nasdaq:GPOR) today announced pending acquisitions in the Niobrara Shale of northwestern Colorado and the Permian Basin of West Texas

Niobrara页岩收购

Gulfport has entered into an agreement with a private seller to acquire a 50% interest in 48,[au:]毛的,468 net) acres and certain producing properties located in the Niobrara Shale of Colorado for approximately $7.7500万年. 格尔夫波特将成为运营商. The acquired properties are focused near thrust bound structures located on the structural uplift between the Piceance and Sandwash basins in Moffat and Rio Blanco counties of Colorado. Gulfport estimates net proved reserves associated with these properties to be approximately 0.900万桶石油. Current production from the acquired properties totals approximately 45 net (114 gross) barrels of oil per day from three producing wells with gross estimated ultimate recoveries per well ranging from 84,000 to 143,000桶石油. These three wells utilized only traditional vertical drilling techniques and were completed without hydraulic fracture treatment. The transaction is subject to customary due diligence and closing conditions and is anticipated to close in mid-June 2010 with an effective date of April 1, 2010.

吉姆棕榈, 格尔夫波特的首席执行官, 评论, "The pending Niobrara acquisition is an excellent addition to Gulfport's oil focused asset portfolio, which will provide us with a scalable oil resource in a rapidly emerging play. 格尔夫波特将成为运营商 of 100% of the acquired Niobrara properties and believes it has the opportunity to enhance their value by introducing modern hydraulic fracture treatment technology and by potentially applying horizontal drilling techniques."

二叠系盆地获取

除了, Gulfport has entered into an agreement to acquire a 50% interest in 4,[au:]总,489 net) undeveloped acres in the Permian Basin for approximately $7.600万年. The addition of this acreage will increase Gulfport's total acreage position in the Permian Basin to 13,101 net acres and represent the addition of 124 gross potential drilling locations on 40-acre units.

吉姆棕榈, 格尔夫波特的首席执行官, 评论, "The Permian Basin continues to be a core growth area for Gulfport. The pending Permian acquisition adds substantially to our drilling inventory in the oil-rich play and fits well with our existing assets in the basin."

约格尔夫波特

体育平台 is an Oklahoma City-based independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast and in the Permian Basin in West Texas. Gulfport also holds a sizeable acreage position in the Alberta Oil Sands in Canada through its interest in Grizzly Oil Sands ULC.

前瞻性声明

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, 经修订的（“证券法”）, 以及1934年证券交易法第21E条, 经修订的（“交易法”）. 所有的报表, 除了对历史事实的陈述, 包括在本新闻稿中，地址活动, events or developments that Gulfport expects or anticipates will or may occur in the future, 包括与未决交易有关的报表, future capital expenditures (including the amount and nature thereof), 企业战略和实施战略的措施, 竞争优势, 目标, expansion and growth of Gulfport's business and operations, 计划, im体育平台官方网站状况, 提及未来的成功, reference to intentions as to future matters and other such matters, 体育平台是前瞻性陈述吗？. These statements are based on certain assumptions and analyses made by Gulfport in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate in the circumstances. 然而, whether actual results and developments will conform with Gulfport's expectations and predictions is subject to a number of risks and uncertainties, 总体经济, im体育平台官方网站, credit or business conditions; the opportunities (or lack thereof) that may be presented to and pursued by Gulfport; competitive actions by other oil and gas companies; changes in laws or regulations; and other factors, 其中许多都超出了格尔夫波特的控制范围. 具体地说, Gulfport cannot assure you that the pending transactions described above will be consummated on the terms Gulfport currently contemplates or at all. Information concerning these and other factors can be found in the Company's filings with the Securities and Exchange Commission, 包括10-K表格, 10-Q和8-K. 因此, all of the forward-looking statements made in this press release are qualified by these cautionary statements and there can be no assurances that the actual results or developments anticipated by Gulfport will be realized, 或者即使实现了, that they will have the expected consequences to or effects on Gulfport, 其业务或运作. 格尔夫波特没有这个打算, 并放弃任何义务, 更新或修改任何前瞻性陈述, 体育平台是否体育平台是新信息的结果, 未来结果或其他.

联系人：体育平台
         投资者关系
         保罗·K. Heerwagen四世
         405-242-4888
         pheerwagen@muerren.net

2010年5月13日发布