金沙赌场 Announces Entry into the 独家新闻 Play with Complimentary Acquisition of Approximately 85,000净有效英亩

俄克拉荷马城，12月. 14, 2016 (GLOBE NEWSWIRE) -- 金沙赌场 (Nasdaq:GPOR) (“Gulfport” or the “Company”) today announced that the Company has entered into a definitive agreement with Vitruvian II Woodford, 有限责任公司(“维特鲁威”), Quantum Energy Partners的投资组合公司, 获得大约46个,400英亩的净地表面积在独家新闻的核心, including approximately 183 MMcfe per day of net production for October 2016 for a total purchase price of $1.850亿年.

收购了

基本上相邻的面积位置，总计约85,净有效英亩, 其中包括46岁的权利,400英亩伍德福德和38,600英亩斯普林格土地, 在格雷迪, 斯蒂芬斯和加文县, 俄克拉何马州, 大约80%的股份用于生产.
叠加支付潜力约为1,750个总钻井位置, 包括超过775个总地点，内部回报率约为75%, targeting the Woodford and Springer intervals with significant upside potential through infill drilling and additional prospective zones.
2016年10月的现有产量约为1.83亿吨/天.
截至2016年9月30日，估计探明总储量为1.1 Tcfe.

截至12月13日, 2016, Gulfport entered into a definitive agreement with Vitruvian 获得大约46个,净地表面积400英亩，拥有多个生产区域, 包括伍德福德和斯普林格地层, 在格雷迪, 斯蒂芬斯和加文县, 俄克拉何马州. Given the potential for numerous producing intervals across this high-quality position, 格尔夫波特已经确定了大约1,750个总钻井位置, composed of only Woodford and Springer zones with significant upside potential through infill drilling and additional prospective zones present on the acreage. The acquired properties are located primarily in the over-pressured liquids-rich to dry gas windows of the play and include approximately 183 Mmcfepd of net production for October 2016. The transaction also includes 48 producing horizontal wells and an additional interest in over 150 non-operated horizontal wells. Four rigs are currently operating on the acreage and Gulfport currently intends to maintain a four rig cadence in the play during 2017 and add an additional two rigs at the beginning of 2018. Based on the estimated internal reserve report prepared by Vitruvian as of September 30, 2016年，由荷兰审计, 西维尔 & Associates Inc .).，可归属于该面积的估计探明储量约为1.1 Tcfe. 此次收购预计将于2017年2月完成, 须满足某些成交条件.

该交易的对价包括约1美元的总购买价格.850亿美元，由1美元组成.350亿美元现金和大约18.8 million in shares of Gulfport common stock privately placed to the sellers, subject to adjustment. The Company intends to fund the cash portion of the acquisition through potential debt and equity financings prior to closing.

首席执行官兼总裁Michael G. 摩尔评论道：“今天对金沙赌场来说金沙赌场是决定性的一天. Combining Vitruvian’s high-quality 独家新闻 position with our prolific Utica assets will transform our company and solidify Gulfport with core positions in two of North America’s high-return natural gas basins. 在维特鲁威, we believe we have found a prolific stacked pay resource with strong production history, 一个多年, high-return drilling inventory – an opportunity with significant upside from both a resource and operational perspective. The asset consists of a low-risk, substantially contiguous acreage position in the core of the 独家新闻. This acquisition is not only additive to our Company but in our opinion truly one-of-a-kind. The transaction is expected to be accretive to cash flow and net asset value per share and provides us with a blocky, 在新的操作区域中具有相当大的可扩展足迹.”

维特鲁威首席执行官兼总裁Richard F. 莱恩说, “我们很高兴成为这一重大交易的一部分, both for the complimentary asset it represents for Gulfport and for the achievement it represents for Vitruvian’s employees and stakeholders. We plan to work closely with the Gulfport team to ensure a seamless transition of the asset to Gulfport.”

量子能源合作伙伴的总裁, Dheeraj Verma评论道, “We are excited about this transaction and believe that the combination of these assets will provide Mike and his team with more opportunities for margin expansion and cash flow growth immediately. We are quite optimistic about the value creation potential here and look forward to participating in this upside as a shareholder of the combined company.”

BofA Merrill Lynch acted as exclusive financial advisor to Gulfport in connection with the transaction and Akin Gump Strauss Hauer & Feld LLP担任Gulfport的法律顾问. Jefferies acted as financial advisor to Vitruvian in connection with the transaction and Vinson & 埃尔金斯担任维特鲁威的法律顾问.

约格尔夫波特
金沙赌场 is an 俄克拉何马州 City-based independent oil and natural gas exploration and production company with its principal producing properties located in the 尤蒂卡页岩 of Eastern Ohio and along the Louisiana Gulf Coast. 除了, Gulfport holds a sizeable acreage position in the Alberta Oil Sands in Canada through its 24.灰熊油砂公司9%的股权.

前瞻性声明
Certain statements included in this press release are intended as “forward-looking statements.这些陈述包含假设, 预期, 预测, 对未来事件的意图或信念, 特别金沙赌场是完成上述悬而未决的交易. Gulfport cautions that actual future events and results may vary materially from those expressed or implied in any forward-looking statements. 具体地说, Gulfport cannot assure you that the proposed transaction described above will be consummated on the terms Gulfport currently contemplates, 如果有的话. Information concerning these and other factors can be found in Gulfport’s filings with the SEC, 包括10-K表格, 10-Q和8-K, 可在证券交易委员会的网站上免费获得，网址金沙赌场是 http://www.证券交易委员会.政府.

Any forward-looking statements made in this press release speak only as of the date of this release and, 除非法律要求, Gulfport undertakes no obligation to update any forward-looking statement contained in this press release, 即使格尔夫波特的期望或任何相关事件, 条件或环境发生变化. Gulfport is not responsible for any changes made to this release by wire or Internet services.

投资者 & 媒体联络:
保罗·K. Heerwagen IV -副总裁，企业发展
pheerwagen@5i5s.com
405-242-4888

杰西卡·R. 威尔斯-经理，投资者关系和研究
jwills@5i5s.com
405-242-4888

资料来源：金沙赌场

2016年12月14日发布