oil & gas assets
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MCS - Gulfport Energy Highlights - January 30, 2019



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With depressed natural gas prices in the near term and an uncertain price forecast, Gulfport Energy is not targeting growth in 2019. Production guidance has been set at 1.36-1.40 Bcfe/d, which is relatively flat with 2018 output of 1.36 Bcfe/d. Funded entirely through free cash flow, capex has been set at $565-600 million, down from $814 million in 2018. The company will run an average of 1.5 rigs in the SCOOP to drill 9-10 wells with laterals averaging 8,800 ft. A total of 15-17 operated wells will be......
 
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