Utica Driller Gulfport Energy Considers Merger with Encino Energy

Sources whispering to Bloomberg say that Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of… Continue reading The post Utica Driller Gulfport Energy Considers Merger with Encino Energy first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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29 New Shale Well Permits Issued for PA-OH-WV Jun 20-26

Last week, for June 20-26, the number of new permits issued to drill in the Marcellus/Utica decreased just a bit… Continue reading The post 29 New Shale Well Permits Issued for PA-OH-WV Jun 20-26 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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21 New Shale Well Permits Issued for PA-OH-WV Jun 6-12

The Marcellus/Utica is still struggling to get permit numbers into higher brackets. Three weeks ago a pathetically low six new… Continue reading The post 21 New Shale Well Permits Issued for PA-OH-WV Jun 6-12 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Gulfport’s Bumpy Bankruptcy – Asset Transfer, Exec Bonuses Questioned

Last November the Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), filed for a “pre-arranged” Chapter 11 bankruptcy (see Gulfport Energy Files for Pre-arranged Chapter 11 Bankruptcy). Gulfport’s bankruptcy has been a bumpy process according to recent filings in the case. According to a “heavily revised” disclosure

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Gulfport Asks Judge to Force Cheniere Pipe Co. to Return $76M

Last Monday we brought you the news that Gulfport Energy, the third-largest driller in the Ohio Utica Shale, had filed for bankruptcy (see Gulfport Energy Files for Pre-arranged Chapter 11 Bankruptcy). Today we bring you the news that Gulfport has asked the bankruptcy judge to force one of the pipelines Gulfport uses to ship natural

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Gulfport Fires 13% of Workers, Ends Stock Buy-Back, Board Changes

Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres), concentrates its drilling in the Ohio Utica and the Oklahoma SCOOP plays. A few weeks ago the company announced they are shopping some of their non-operated assets in the Ohio Utica (see Gulfport 3Q – Looking to Sell Non-Operated Utica Assets).

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Gulfport Energy Sells “Small” Marcellus Leasehold in SE Ohio

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres) with record production in the Utica last year, announced last week (as part of its first quarter update)

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Are Marcellus/Utica Shale Drillers Financially Healthy?

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. We read on a regular basis in mainstream media that shale companies spend more money than they bring in, and that investors are growing tired of pumping money into companies without a

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