GULFPORT ENERGY CORPORATION (NASDAQ:GPOR) Files An 8-K Other Events
Item8.01. Other Events.
As previously disclosed, on February17, 2017, Gulfport Energy
Corporation (the Company), through its wholly-owned subsidiary
Gulfport MidCon LLC (Gulfport MidCon) (formerly known as SCOOP
Acquisition Company, LLC), completed its acquisition (the
Acquisition) of certain assets from Vitruvian II Woodford, LLC,
an unrelated third-party seller (the Seller), under its
previously reported Purchase and Sale Agreement (the Purchase
Agreement) by and among the Seller, the Company and Gulfport
MidCon, dated as of December13, 2016, as amended and supplemented
by that certain Closing Agreement and Amendment, dated as of
February17, 2017, by and among the Seller, the Company and
Gulfport MidCon. This Current Report on Form 8-K is being filed
solely for the purpose of updating certain historical and pro
forma financial statements relating to the Acquisition,
originally filed on the Companys Current Report on Form 8-K on
December15, 2016 in connection with the signing of the Purchase
Agreement.
Item9.01. Financial Statements and Exhibits
(a) Financial Statements of Business
Acquired.
|
Audited financial statements of Vitruvian II Woodford, LLC, comprised of the balance sheets as of December31, 2016 and 2015, and the related statements of operations, changes in members equity, and cash flows for each of the years in the three-year period ended December31, 2016, and the related notes to the financial statements, attached as Exhibit 99.1 hereto. |
(b) Pro Forma Financial Statements
The following unaudited pro forma consolidated financial
information of Gulfport, giving effect to the Acquisition and the
related financing transactions, is included in Exhibit 99.2
hereto:
|
Unaudited Pro Forma Consolidated Balance Sheet as of December31, 2016. |
|
Unaudited Pro Forma Consolidated Statement of Operations for the year ended December31, 2016. |
| (d) | Exhibits |
|
Number |
Exhibit |
|
| 23.1 | Consent of PricewaterhouseCoopers LLP. | |
| 99.1 |
Historical audited financial statements of Vitruvian II Woodford, LLC. |
|
| 99.2 | Unaudited pro forma consolidated financial information. |
About GULFPORT ENERGY CORPORATION (NASDAQ:GPOR)
Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids and crude oil in the United States. The Company has an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects. The Company’s principal properties are located in the Utica Shale primarily in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), and Hackberry fields. In addition, the Company has interest in producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. The Company also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly), and interests in an entity that operates in the Phu Horm gas field in Thailand. GULFPORT ENERGY CORPORATION (NASDAQ:GPOR) Recent Trading Information
GULFPORT ENERGY CORPORATION (NASDAQ:GPOR) closed its last trading session down -0.26 at 15.44 with 2,775,460 shares trading hands.
