July 2015, Vol. 242, No. 7

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Gulfport Energy Increases Utica Shale Holdings

OKLAHOMA CITY – Gulfport Energy Corporation announced it will acquire additional acreage in the Utica Shale, associated assets and incremental firm transportation commitments from from Aubrey McClendon-backed American Energy for about $406 million. Among the properties involved: • Contiguous bolt-on acreage acquisitions totaling 35,325 net acres in Monroe, Belmont and Jefferson counties in Ohio • An 11-mile gas-gathering system that is operational in Monroe County to support near-term development • An incremental 287,000 MMBtu per day of firm transportation commitments, which provide access to favorable pricing points outside of the Appalachian Basin When the d

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