Gulfport Energy Closes Sale Of Southern Louisiana Assets

Transaction Type

Sellers

Gulfport Energy Corp.

Buyers

Basin

Southern Louisiana; US Gulf Coast

Announce Date

Thu, 08/01/2019 - 12:00 PM

Post Date

Aug 1, 2019

Close Date

Wed, 07/03/2019 - 12:00 PM

Estimated Price

$54.1MM

Description

Bought S LA assets with net production averaged 1,500 boe/d; Gulfport retained ORRI.