Gulfport Energy Corp. appointed John Reinhart president, director and CEO effective Jan. 24, according to a press release on Jan. 19.
Reinhart will be succeeding Tim Cutt, who has served as chairman and CEO since 2021 and will remain with the company as the chairman of the board of directors.
“Gulfport and our shareholders greatly benefited from Tim’s steady leadership during such a critical time for our company,” lead independent director David Wolf said of Cutt in the release. “Tim helped transform Gulfport, building a team and culture which has positioned Gulfport for continued sustainable success."
Most recently before joining Gulfport, Reinhart served as president and CEO of Montage Resources Corp. Prior to Montage Resources, he held roles at SLB, now Schlumberger, and Chesapeake Energy Corp. Additionally, he served tours in Panama and Iraq with the U.S. Army.
“I am pleased to welcome John to Gulfport,” Cutt said. “John has a proven track record of instilling a culture anchored on driving operational excellence, accountability, transparency and safety and he will bring strong leadership during this time of great opportunity for our company."
Recommended Reading
Mitsubishi Makes Investment in MidOcean Energy LNG
2024-04-02 - MidOcean said Mitsubishi’s investment will help push a competitive long-term LNG growth platform for the company.
TechnipFMC Declares Quarterly Dividend
2024-02-22 - TechnipFMC’s dividend is payable April 3 shareholders of record by the close of business on March 19.
Air Liquide Eyes More Investments as Backlog Grows to $4.8B
2024-02-22 - Air Liquide reported a net profit of €3.08 billion ($US3.33 billion) for 2023, up more than 11% compared to 2022.
Endeavor Integration Brings Capital Efficiency, Durability to Diamondback
2024-02-22 - The combined Diamondback-Endeavor deal is expected to realize $3 billion in synergies and have 12 years of sub-$40/bbl breakeven inventory.
Tellurian, Institution Investor Agree to New Loan Repayment Terms
2024-02-22 - Tellurian reached an agreement with an unnamed institutional investor to pledge its interest in the Driftwood project as collateral.