Heard rumor Gulfport might be bankrupt, what if anything is going on with their wells and leases?

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They just shut in the well I’m in on for the next 6 months.

Gulfport filed for bankruptcy on Friday 13 th 2020 in Houston. Better get your lease out and read the bankruptcy provisions if you're leased with them. They will keep operating while being reorganized and should be able to continue to pay royalties. This could take 6 months or more. My guess is that once they have dumped their debt and come out of bankruptcy, they will be taken out by EQT or SWN.

For updated/current info on the Gulfport bankruptcy, see the link below.....


Good information thanks.


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