Gulfport Energy Files Shelf Registration Statement
Gulfport Energy Corporation said that it filed a shelf registration statement with the Securities and Exchange Commission (SEC). Upon being declared effective by the SEC, the shelf registration will allow the company to sell from time to time, up to an aggregate of $100 million of common stock and debt securities to raise additional capital.
The shelf registration statement is intended to give Gulfport Energy the ability to fund future growth or other strategic initiatives and for general corporate purposes.
The shelf registration statement relating to these securities has been filed with SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
Gulfport Energy Corporation is an Oklahoma City based independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast. Gulfport also has an interest in the producing Phu Horm gas field in Thailand. In addition, Gulfport recently acquired an acreage position in the Alberta oil sands in Canada and plans to drill core samples this winter.
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