Latest news with #GulfportEnergyCorporation
Yahoo
24-04-2025
- Business
- Yahoo
Is Gulfport Energy (GPOR) the Top Oil & Gas E&P Stock Outperforming Despite Sinking Oil Prices?
We recently published a list of . In this article, we are going to take a look at where Gulfport Energy Corporation (NYSE:GPOR) stands against other top oil & gas E&P stocks outperforming despite sinking oil prices. Oil prices have crashed by as much as 8.5% since the start of this month as Donald Trump reignites the tariff war. At one point, it was down as much as 18%! The broader market, as well as investors, have come to terms with a harsh reality: the tariffs are here to stay! Inflation resulting from these tariffs threatens to send the country's economy into recession, and global oil demand is reacting accordingly. The oil prices continue to tumble, threatening the future of some of the major oil producers of the world. Amid this uncertain environment, some oil and gas stocks are outperforming the market. We decided to take a look at these stocks to find gems that can help retail investors outperform the market in these tough times. To come up with our list of the top 10 oil & gas stocks outperforming despite sinking oil prices, we looked at the oil & gas exploration and production industry, considering only the stocks with a market cap between $2 billion and $10 billion. A crew of workers drilling down into the earth in search of new petroleum resources. Gulfport Energy Corporation (NYSE:GPOR) is the producer, acquirer, and explorer of crude oil, natural gas liquids, and natural gas. The company's primary properties consist of the SCOOP Woodford and Springer formations in central Oklahoma and the Utica and Marcellus in eastern Ohio. The company's stock is up 3.3% in the last one week of trading. The stock has struggled so far this year, falling over 8% despite the strong performance in the last 5 trading sessions. Moreover, the stock is still trading 14% below the lowest Wall Street price target of $190, showcasing how the Wall Street targets are still well above the current share price. In 2024, Gulfport Energy (NYSE:GPOR) recorded a net loss of approximately $261.4 million. This loss was mainly driven by a non-cash impairment on its oil and gas properties. It bought back 1.2 million shares for $184.5 million. The board also increased the share buyback program to $1 billion. For 2025, Gulfport Energy (NYSE:GPOR) anticipates total production to be 1040 to 1065 TCFe/day, 89% of which is natural gas. Capital expenditures are expected to be between $370 to $395 million. Overall, GPOR ranks 7th on our list of top oil & gas E&P stocks outperforming despite sinking oil prices. While we acknowledge the potential of GPOR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than GPOR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
22-04-2025
- Business
- Yahoo
Gulfport Energy Schedules First Quarter 2025 Earnings Release and Conference Call
OKLAHOMA CITY, April 22, 2025--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) announced today that it will host a teleconference and webcast to discuss its first quarter 2025 financial and operating results beginning at 9:00 a.m. ET (8:00 a.m. CT) on Wednesday, May 7, 2025. Gulfport plans to announce first quarter 2025 results on Tuesday, May 6, 2025, after market close. The conference call can be heard live through a link on the Gulfport website, In addition, you may participate in the conference call by dialing 866-373-3408 domestically or 412-902-1039 internationally. A replay of the conference call will be available on the Gulfport website and a telephone audio replay will be available from May 7, 2025 to May 21, 2025, by calling 877-660-6853 domestically or 201-612-7415 internationally and then entering the replay passcode 13753295. About Gulfport Gulfport is an independent, natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations. View source version on Contacts Investor Contact Jessica Antle – Vice President, Investor Relationsjantle@ 405-252-4550
Business Wire
22-04-2025
- Business
- Business Wire
Gulfport Energy Schedules First Quarter 2025 Earnings Release and Conference Call
OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) announced today that it will host a teleconference and webcast to discuss its first quarter 2025 financial and operating results beginning at 9:00 a.m. ET (8:00 a.m. CT) on Wednesday, May 7, 2025. Gulfport plans to announce first quarter 2025 results on Tuesday, May 6, 2025, after market close. The conference call can be heard live through a link on the Gulfport website, In addition, you may participate in the conference call by dialing 866-373-3408 domestically or 412-902-1039 internationally. A replay of the conference call will be available on the Gulfport website and a telephone audio replay will be available from May 7, 2025 to May 21, 2025, by calling 877-660-6853 domestically or 201-612-7415 internationally and then entering the replay passcode 13753295. About Gulfport Gulfport is an independent, natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations.
Yahoo
25-02-2025
- Business
- Yahoo
Gulfport Energy Reports Fourth Quarter and Full Year 2024 Financial and Operating Results and Provides 2025 Operational and Financial Guidance
OKLAHOMA CITY, February 25, 2025--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) ("Gulfport" or the "Company") today reported financial and operating results for the three and twelve months ended December 31, 2024 and provided its 2025 outlook. Full Year 2025 Outlook Optimized development program and portfolio allocation expected to drive capital efficiencies and deliver strong corporate margins Estimate net daily liquids production increase of over 30%(1) compared to full year 2024, with a range of 18.0 to 20.5 MBbl per day Expect to deliver flat year-over-year net daily equivalent production with a range of 1.04 Bcfe to 1.065 Bcfe per day Full-year drilling and completion capital per foot of completed lateral expected to decrease by approximately 20% when compared to full year 2024, including approximately 10% well cost reductions Plan to invest total base capital expenditures of $370 million to $395 million, including $35 million to $40 million on maintenance leasehold and land investment Plan to continue to allocate substantially all adjusted free cash flow(2), excluding acquisitions, toward common share repurchases "Building on our momentum from last year, the 2025 development program reflects significant efficiency gains that we expect will allow us to increase operated activity while maintaining total base capital invested and improve our annual operated D&C capital per foot of completed lateral by approximately 20% when compared to 2024. The 2025 plan highlights our transition from delineation to development mode in the Marcellus and includes development targeting the Utica lean condensate acreage recently acquired through our discretionary acreage acquisitions. We forecast this activity to deliver total net liquids production growth of over 30% year over year, increasing our liquids production, as a percent of total production, to double digits and positioning the Company to capture a significant increase in expected adjusted free cash flow generation while maintaining exposure to an improving natural gas environment. The Company plans to remain consistent in our adjusted free cash flow allocation framework and will continue to return substantially all of our 2025 adjusted free cash flow, excluding discretionary acreage acquisitions, through common stock repurchases," commented John Reinhart, President and CEO. Fourth Quarter 2024 Delivered total net production of 1.06 Bcfe per day Produced total net liquids production of 16.2 MBbl per day, an increase of 7% over third quarter 2024 and 13% over fourth quarter 2023 Incurred capital expenditures, excluding discretionary acreage acquisitions, of $56.3 million, below analyst consensus expectations Reported $273.2 million of net loss, $85.4 million of adjusted net income(2) and $202.8 million of adjusted EBITDA(2), above analyst consensus expectations Generated $148.8 million of net cash provided by operating activities and $125.2 million of adjusted free cash flow(2) Closed on opportunistic discretionary acreage acquisitions totaling $6.0 million Repurchased 491 thousand shares of common stock for approximately $80.1 million Full Year 2024 and Recent Highlights Delivered total net production of 1.05 Bcfe per day Produced total net liquids production of 14.4 MBbl per day Incurred capital expenditures, excluding discretionary acreage acquisitions, of $385.3 million, below analyst consensus expectations Reported $261.4 million of net loss, $282.5 million of adjusted net income(2) and $731.1 million of adjusted EBITDA(2), above analyst consensus expectations Generated $650.0 million of net cash provided by operating activities and $256.8 million of adjusted free cash flow(2) Maintained a strong balance sheet and low financial leverage, with liquidity at December 31, 2024 totaling $899.7 million Expanded common stock repurchase authorization by 54% percent to a total of $1.0 billion, with approximately $406.8 million(3) remaining Returned substantially all full-year adjusted free cash flow(2), excluding discretionary acreage acquisitions, to shareholders by repurchasing 1.2 million shares of common stock for approximately $184.5 million Allocated $44.8 million toward discretionary acreage acquisitions, expanding high-quality resource base and adding over a year of Utica liquids-rich inventory at current development pace Achieved significant operational efficiencies in the Utica, with average drilling footage per day and completion hours pumped per day improving by approximately 10% and 25% year-over-year, respectively Reinhart continued, "Gulfport's 2024 development program delivered attractive results highlighted by our high-quality resource base and the continued improvement of operating efficiencies leading to strong financial results for the full year. We repurchased approximately 7% of our total common shares outstanding through our ongoing stock repurchase program while maintaining a strong balance sheet and continuing accretive inventory additions in the Utica liquids-rich window, adding over a year of largely lean condensate inventory. After adjusting for adjusted free cash flow utilized for discretionary acreage acquisitions, the Company allocated substantially all of our adjusted free cash flow to repurchasing our common stock during 2024, returning approximately 96% of our adjusted free cash flow to shareholders throughout the year." A company presentation to accompany the Gulfport earnings conference call can be accessed by clicking here. Assumes midpoint of 2025 guidance. A non-GAAP financial measure. Reconciliations of these non-GAAP measures and other disclosures are provided with the supplemental financial tables available on our website at As of February 20, 2025. Operational Update The table below summarizes Gulfport's operated drilling and completion activity for the full year of 2024: Year Ended December 31, 2024 Gross Net Lateral Length Spud Utica 20 19.7 15,300 SCOOP 2 1.8 11,500 Drilled Utica 18 17.4 16,000 SCOOP 3 2.4 12,400 Completed Utica 16 15.4 17,800 SCOOP 3 2.4 12,400 Turned-to-Sales Utica 16 15.4 17,800 SCOOP 3 2.4 12,400 Gulfport's net daily production for the full year of 2024 averaged 1.05 Bcfe per day, primarily consisting of 841.7 MMcfe per day in the Utica and Marcellus and 212.4 MMcfe per day in the SCOOP. For the full year of 2024, Gulfport's net daily production mix was comprised of approximately 92% natural gas, 6% natural gas liquids ("NGL") and 2% oil and condensate. ThreeMonthsEndedDecember31, 2024 ThreeMonthsEndedDecember31, 2023 YearEndedDecember31, 2024 YearEndedDecember31, 2023 Production Natural gas (Mcf/day) 958,075 976,820 967,633 959,743 Oil and condensate (Bbl/day) 5,229 3,498 3,986 3,733 NGL (Bbl/day) 11,004 10,923 10,431 12,018 Total (Mcfe/day) 1,055,472 1,063,341 1,054,136 1,054,251 Average Prices Natural gas: Average price without the impact of derivatives ($/Mcf) $ 2.51 $ 2.37 $ 2.02 $ 2.37 Impact from settled derivatives ($/Mcf) $ 0.48 $ 0.54 $ 0.80 $ 0.42 Average price, including settled derivatives ($/Mcf) $ 2.99 $ 2.91 $ 2.82 $ 2.79 Oil and condensate: Average price without the impact of derivatives ($/Bbl) $ 65.05 $ 73.47 $ 69.64 $ 73.27 Impact from settled derivatives ($/Bbl) $ 0.70 $ (3.32 ) $ 0.11 $ (2.53 ) Average price, including settled derivatives ($/Bbl) $ 65.75 $ 70.15 $ 69.75 $ 70.74 NGL: Average price without the impact of derivatives ($/Bbl) $ 31.59 $ 26.65 $ 29.56 $ 27.29 Impact from settled derivatives ($/Bbl) $ (0.61 ) $ 2.72 $ (0.56 ) $ 2.07 Average price, including settled derivatives ($/Bbl) $ 30.98 $ 29.37 $ 29.00 $ 29.36 Total: Average price without the impact of derivatives ($/Mcfe) $ 2.93 $ 2.69 $ 2.41 $ 2.73 Impact from settled derivatives ($/Mcfe) $ 0.43 $ 0.51 $ 0.73 $ 0.40 Average price, including settled derivatives ($/Mcfe) $ 3.36 $ 3.20 $ 3.14 $ 3.13 Selected operating metrics Lease operating expenses ($/Mcfe) $ 0.20 $ 0.17 $ 0.18 $ 0.18 Taxes other than income ($/Mcfe) $ 0.08 $ 0.08 $ 0.08 $ 0.09 Transportation, gathering, processing and compression expense ($/Mcfe) $ 0.91 $ 0.91 $ 0.91 $ 0.91 Recurring cash general and administrative expenses ($/Mcfe) (non-GAAP) $ 0.15 $ 0.15 $ 0.13 $ 0.12 Interest expenses ($/Mcfe) $ 0.16 $ 0.16 $ 0.16 $ 0.15 Capital Investment Capital investment was $385.3 million (on an incurred basis) for the full year of 2024, of which $327.4 million related to drilling and completion ("D&C") activity and $57.9 million related to maintenance leasehold and land investment. In addition, Gulfport invested approximately $44.8 million in discretionary acreage acquisitions. Common Stock Repurchase Program Gulfport repurchased approximately 491 thousand shares of common stock during the fourth quarter for approximately $80.1 million. As of February 20, 2025, the Company had repurchased approximately 5.6 million shares of common stock at a weighted average price of $105.57 per share since the program initiated in March 2022, totaling approximately $593.2 million in aggregate. The Company currently has approximately $406.8 million of remaining capacity under the share repurchase program. Financial Position and Liquidity As of December 31, 2024, Gulfport had approximately $1.5 million of cash and cash equivalents, $38.0 million of borrowings under its revolving credit facility, $63.8 million of letters of credit outstanding, $25.7 million of outstanding 2026 senior notes and $650.0 million of outstanding 2029 senior notes. Gulfport's liquidity at December 31, 2024, totaled approximately $899.7 million, comprised of the $1.5 million of cash and cash equivalents and approximately $898.2 million of available borrowing capacity under its revolving credit facility. During 2024, the Company paid $4.2 million of cash dividends to holders of its preferred stock. 2025 Guidance Gulfport released operational guidance and outlook for the full year 2025, including full year expense estimates and projections for production and capital expenditures. Gulfport's 2025 guidance assumes commodity strip prices as of January 27, 2025, adjusted for applicable commodity and location differentials, and no property acquisitions or divestitures. Year Ending December 31, 2025 Low High Production Average daily gas equivalent (MMcfe/day) 1,040 1,065 Average daily liquids production (MBbl/day) 18.0 20.5 % Gas ~89% Realizations (before hedges) Natural gas (differential to NYMEX settled price) ($/Mcf) $(0.20) $(0.35) NGL (% of WTI) 40% 50% Oil (differential to NYMEX WTI) ($/Bbl) $(5.50) $(6.50) Expenses Lease operating expense ($/Mcfe) $0.19 $0.22 Taxes other than income ($/Mcfe) $0.08 $0.10 Transportation, gathering, processing and compression ($/Mcfe) $0.93 $0.97 Recurring cash general and administrative(1,2) ($/Mcfe) $0.12 $0.14 Total Capital expenditures (incurred) (in millions) Operated D&C $335 $355 Maintenance leasehold and land $35 $40 Total base capital expenditures $370 $395 (1) Recurring cash G&A includes capitalization. It excludes non-cash stock compensation and expenses related to the continued administration of our prior Chapter 11 filing. (2) This is a non-GAAP measure. Reconciliations of these non-GAAP measures and other disclosures are provided with the supplemental financial tables available on our website at Derivatives Gulfport enters into commodity derivative contracts on a portion of its expected future production volumes to mitigate the Company's exposure to commodity price fluctuations. For details, please refer to the "Derivatives" section provided with the supplemental financial tables available on our website at Estimated Proved Reserves Gulfport reported year end 2024 total proved reserves of 4.0 Tcfe, consisting of 3.4 Tcf of natural gas, 22.1 MMBbls of oil and 80.1 MMBbls of natural gas liquids. Gulfport's year end 2024 total proved reserves decreased approximately 6% when compared to its 2023 total proved reserves, largely a result of downward revisions associated with commodity price changes. The table below provides information regarding the components driving the 2024 net proved reserve adjustments: Total (Bcfe) Proved Reserves, December 31, 2023 4,214 Extensions and discoveries 547 Revisions - performance, ownership and other assumptions 82 Price revisions (488 ) Current production (386 ) Proved Reserves, December 31, 2024 3,969 Proved developed reserves totaled approximately 2,109 Bcfe as of December 31, 2024 or approximately 53% of Gulfport's proved reserves. Proved undeveloped reserves totaled approximately 1,861 Bcfe as of December 31, 2024. The table below summarizes the Company's 2024 net proved reserves: December 31, 2024 Oil(MMBbl) Natural Gas(Bcf) NGL(MMBbl) Total(Bcfe) Utica & Marcellus Proved developed(1) 4 1,427 8 1,498 Proved undeveloped(1) 13 1,189 36 1,480 Total proved(1) 17 2,616 44 2,978 SCOOP Proved developed 4 451 23 611 Proved undeveloped 2 289 13 380 Total proved 5 740 36 991 Total Proved developed 7 1,879 31 2,109 Proved undeveloped 15 1,478 49 1,861 Total proved 22 3,356 80 3,969 Totals may not sum or recalculate due to rounding. _____________________ (1) Includes approximately 12 Bcfe and 174 Bcfe of net developed and undeveloped reserves, respectively, located in the Marcellus target formation. The following table reconciles the standardized measure of future net cash flows to the PV-10 value of Gulfport's proved reserves: December 31, 2024 ProvedDeveloped ProvedUndeveloped Total Proved ($ in millions) Estimated future net revenue(1) $ 1,620 $ 1,876 $ 3,496 Present value of estimated future net revenue (PV-10)(1) $ 1,059 $ 699 $ 1,757 Standardized measure(1) $ 1,747 Totals may not sum due to rounding. _____________________ (1) Estimated future net revenue represents the estimated future revenue to be generated from the production of proved reserves, net of estimated production and future development costs, using prices and costs under existing economic conditions as of December 31, 2024, and assuming commodity prices as set forth below. For the purpose of determining prices used in our reserve reports, we used the unweighted arithmetic average of the prices on the first day of each month within the 12-month period ended December 31, 2024. The prices used in our PV-10 measure were the average WTI Spot price of $76.32 per barrel and the average Henry Hub Spot price of $2.13 per MMBtu, before basis differential adjustments. These prices should not be interpreted as a prediction of future prices, nor do they reflect the value of our commodity derivative instruments in place as of December 31, 2024. The amounts shown do not give effect to non-property-related expenses, such as corporate general and administrative expenses and debt service, or to depreciation, depletion and amortization. The present value of estimated future net revenue typically differs from the standardized measure because the former does not include the effects of estimated future income tax expense of $10 million as of December 31, 2024. Management uses PV-10, which is calculated without deducting estimated future income tax expenses, as a measure of the value of the Company's current proved reserves and to compare relative values among peer companies. We also understand that securities analysts and rating agencies use this measure in similar ways. While estimated future net revenue and the present value thereof are based on prices, costs and discount factors which may be consistent from company to company, the standardized measure of discounted future net cash flows is dependent on the unique tax situation of each individual company. PV-10 should not be considered in isolation or as a substitute for the standardized measure of discounted future net cash flows or any other measure of a company's financial or operating performance presented in accordance with GAAP. A reconciliation of the standardized measure of discounted future net cash flows to PV-10 is presented above. Neither PV-10 nor the standardized measure of discounted future net cash flows purport to represent the fair value of our proved oil and gas reserves. Fourth Quarter and Full Year 2024 Conference Call Gulfport will host a teleconference and webcast to discuss its fourth quarter and full year 2024 results, as well as its 2025 outlook, beginning at 10:00 a.m. ET (9:00 a.m. CT) on Wednesday, February 26, 2025. The conference call can be heard live through a link on the Gulfport website, In addition, you may participate in the conference call by dialing 866-373-3408 domestically or 412-902-1039 internationally. A replay of the conference call will be available on the Gulfport website and a telephone audio replay will be available from February 26, 2025 to March 12, 2025, by calling 877-660-6853 domestically or 201-612-7415 internationally and then entering the replay passcode 13751354. Financial Statements and Guidance Documents Fourth quarter and full year 2024 earnings results and supplemental information regarding quarterly data such as production volumes, pricing, financial statements, and non-GAAP reconciliations are available on our website at Non-GAAP Disclosures This news release includes non-GAAP financial measures. Such non-GAAP measures should be not considered as an alternative to GAAP measures. Reconciliations of these non-GAAP measures and other disclosures are provided with the supplemental financial tables available on our website at About Gulfport Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations. Forward Looking Statements This press release includes "forward-looking statements" for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than statements of historical fact. They include statements regarding Gulfport's current expectations, management's outlook guidance or forecasts of future events, projected cash flow and liquidity, inflation, share repurchases and other return of capital plans, its ability to enhance cash flow and financial flexibility, future production and commodity mix, plans and objectives for future operations, the ability of our employees, portfolio strength and operational leadership to create long-term value and the assumptions on which such statements are based. Gulfport believes the expectations and forecasts reflected in the forward-looking statements are reasonable, Gulfport can give no assurance they will prove to have been correct. They can be affected by inaccurate or changed assumptions or by known or unknown risks and uncertainties. Important risks, assumptions and other important factors that could cause future results to differ materially from those expressed in the forward-looking statements are described under "Risk Factors" in Item 1A of Gulfport's annual report on Form 10-K for the year ended December 31, 2024 and any updates to those factors set forth in Gulfport's subsequent quarterly reports on Form 10-Q or current reports on Form 8-K (available at Gulfport undertakes no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events. Investors should note that Gulfport announces financial information in SEC filings, press releases and public conference calls. Gulfport may use the Investors section of its website ( to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on Gulfport's website is not part of this filing. View source version on Contacts Investor Contact: Jessica Antle – Vice President, Investor Relationsjantle@ 405-252-4550 Sign in to access your portfolio
Yahoo
11-02-2025
- Business
- Yahoo
Gulfport Energy Schedules Fourth Quarter and Full Year 2024 Earnings and 2025 Outlook Conference Call
OKLAHOMA CITY, February 11, 2025--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) announced today that it will host a teleconference and webcast to discuss its fourth quarter and full year 2024 financial and operating results, as well as its 2025 outlook, beginning at 10:00 a.m. ET (9:00 a.m. CT) on Wednesday, February 26, 2025. Gulfport plans to announce fourth quarter and full year 2024 results on Tuesday, February 25, 2025, after market close. The conference call can be heard live through a link on the Gulfport website, In addition, you may participate in the conference call by dialing 866-373-3408 domestically or 412-902-1039 internationally. A replay of the conference call will be available on the Gulfport website and a telephone audio replay will be available from February 26, 2025 to March 12, 2025, by calling 877-660-6853 domestically or 201-612-7415 internationally and then entering the replay passcode 13751354. About Gulfport Gulfport is an independent, natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations. View source version on Contacts Jessica Antle – Vice President, Investor Relationsjantle@ 405-252-4550
