Gulfport Snags More Utica Acres In $220M Windsor Buy

Law360, New York (February 11, 2013, 5:19 PM EST) -- Gulfport Energy Corp. will plunk down about $220 million for a 22,000-acre swath in eastern Ohio's resource-rich Utica shale play, it said Monday, boosting its presence in the region through a deal with private equity-backed Windsor Ohio LLC.

The transaction will lift Oklahoma-based Gulfport's leasehold interest in the sought-after play to about 128,000 net acres, making it a substantial player in the Utica Shale, which runs through the northeastern U.S. and into Canada. The buy builds on a December deal in which Gulfport bought 37,000 acres...
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