Friday, October 15, 2010

Gulfport Energy: Permian Basin shale Update

By Andrea:

Gulfport Energy Co. (GPOR) recently released an update on their Permian Basin shale activities:

In the Permian, 15 gross (6.75 net) wells have been drilled and four gross (two net) up-hole recompletions have been performed on our acreage year-to-date. At present, two rigs are active on Gulfport's acreage in the Permian and are drilling ahead on the 16th and 17th gross wells of 2010.

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