Gulfport rallies after reporting results of Utica shale well

Gulfport Energy (GPOR) reported earlier today that its Shugert 1-1H well in the Utica Shale tested at a peak rate of 20M cubic feet per day of natural gas, 144 barrels of condensate per day, and 2002 barrels of natural gas liquids per day assuming full ethane recovery and a natural gas shrink of 17%, or 4,913 barrels of oil equivalent per day.

http://finance.yahoo.com/news/gulfport-rallies-reporting-results-ut...

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