Gulfport Energy expands core Utica holdings in $83M deal
Gulfport Energy agreed to acquire approximately 4,700 net undeveloped acres in the core Ohio Utica shale for ~$83M. The deal adds ~16 net locations in a highly productive liquids-rich wet gas window, representing a strategic bolt-on to its existing acreage. Development is expected to begin in 2027, with forecast returns at the top end of the company's portfolio.
