Eye popping amount per acre!  Is this area just Gas or is it possible wet gas?

OKLAHOMA CITY--(BUSINESS WIRE)-- Gulfport Energy Corporation (NYSE: GPOR) (“Gulfport” or the “Company”) today announced the successful acquisition of approximately 4,700 net undeveloped acres in the core of the Ohio Utica in Belmont County, Ohio, through the Ohio Oil and Gas Land Management Commission State Land Lease Sale for a total purchase price of approximately $83.0 million.

• Total purchase price of approximately $83.0 million equates to approximately $17,500 per net acre or $5.1 million per net location (normalized to 15,000’ laterals)