GULFPORT ENERGY CORPORATION (NASDAQ:GPOR) Files An 8-K Other Events
Item8.01. Other Events.
Pricing of Notes Offering
On December15, 2016, Gulfport announced that it priced an
offering of $600.0 million aggregate principal amount of its
6.375% Senior Notes due 2025 (the Notes) to qualified
institutional buyers to Rule 144A under the Securities Act of
1933, as amended (the Securities Act), and to certain non-U.S.
persons in accordance with Regulation S under the Securities Act.
A copy of this press release is attached hereto as Exhibit 99.1.
The Notes were not registered under the Securities Act or any
state securities laws and may not be offered or sold in the
United States absent registration or an applicable exemption from
such registration requirements. This report is neither an offer
to sell nor a solicitation of an offer to buy any of these
securities and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or
sale is unlawful.
Pricing of Equity Offering
On December15, 2016, Gulfport issued a press release announcing
the pricing of an underwritten public offering (the Equity
Offering) of 29,000,000 shares of its common stock at a price to
the public of $21.50 per share. The underwriters have a 30-day
option to purchase up to an additional 4,350,000 shares from
Gulfport (collectively, the Shares) at the public offering price
(less the underwriting discount). The Shares will be issued under
an effective automatic shelf registration statement on Form S-3
previously filed by Gulfport with the Securities and Exchange
Commission. A copy of this press release is attached hereto as
Exhibit 99.2.
This report shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such
state or jurisdiction. The Equity Offering may only be made by
means of a prospectus supplement and related base prospectus.
Item9.01. Financial Statements and Exhibits
| (d) | Exhibits |
|
Number |
Exhibit |
|
| 99.1 |
Press release dated December15, 2016 entitled Gulfport Energy Corporation Prices $600 Million Offering of 6.375% Senior Notes. |
|
| 99.2 |
Press release dated December15, 2016 entitled Gulfport Energy Corporation Announces Pricing of Its Common Stock Offering. |
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 up +1.05 at 22.76 with 12,473,540 shares trading hands.