Any thing going on with Gulfport leases and wells?

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

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Permalink Reply by Rasty on November 6, 2020 at 3:38am
They just shut in the well I’m in on for the next 6 months.
Permalink Reply by Shower Bath on November 14, 2020 at 3:44am

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.

Permalink Reply by Shower Bath on November 27, 2020 at 4:09am

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

https://www.gulfportenergy.com/restructuring

Permalink Reply by Robert Bond on November 27, 2020 at 1:06pm

Good information thanks.

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