Gulfport Energy Announces 尤蒂卡页岩 Midstream Joint Venture in 俄亥俄州 With Rice Energy

俄克拉荷马城，十月. 08, 2015 (GLOBE NEWSWIRE) -- 金沙赌场 (NASDAQ:GPOR) (“Gulfport” or the “Company”) today announced that it has executed a Letter of Intent (the “Agreement”) with Rice Midstream Holdings, 有限责任公司(“大米”), Rice Energy Inc .的全资子公司. (NYSE:大米), to form a midstream joint venture (“JV”) to develop natural gas gathering and water services assets to support Gulfport’s dry gas 尤蒂卡页岩 development in eastern Belmont County and Monroe County, 俄亥俄州. The JV will be supported by long-term, fee-based service agreements with Gulfport.

Gulfport will own 25% of the JV and Rice will own the remaining 75% of the JV. Rice will be responsible for constructing and operating the JV’s assets:

• 一种干式气体收集系统，其收集能力超过1.8 MMDth/d of natural gas consisting of approximately 165 miles of high and low pressure 12” – 30” gathering pipelines with multiple interconnections to interstate pipelines including: Rockies Express, 等探测器, 泰特科公司和东俄亥俄州道明公司
• 大约50,000 horsepower of compression for gathering and delivery into various downstream interstate pipelines
• A fresh water distribution system designed to deliver fresh water to pads for completion activities

根据协议条款, 格尔夫波特将奉献大约77个,000英亩租赁土地, 包括最近在Paloma Partners III收购的土地, LLC和美国能源-尤蒂卡, 有限责任公司的事务. 除了, Gulfport will also contribute to the JV an existing 11-mile gas gathering pipeline and a 350 MDth/d TETCO interconnect, 都在门罗县吗.

Gulfport and Rice plan to invest approximately $520 million to develop gathering and compression assets and $120 million for water assets within the JV over the next six years. Each partner will fund its proportionate share of the total capital investments. Initial construction of the system is expected to begin immediately and first deliveries are planned for the middle of 2016.

根据协议条款, Gulfport shall have the right to participate on a proportionate basis (or “tag-along”) in any direct or indirect sale transactions by Rice, which includes potential drop down transactions with Rice Midstream Partners LP.

Michael G. 摩尔, 首席执行官兼总裁, 说, “Gulfport has a strong history with Rice in the 尤蒂卡页岩 and we are excited to expand our relationship by creating further alignment with one of our midstream providers. 除了, the JV will enable Gulfport to leverage Rice’s expertise as a midstream services provider and participate in the midstream value chain through accretive opportunities with clearly defined tag-along rights that will allow Gulfport to take part in the potential drop down strategies for the joint venture and its investments.”

约格尔夫波特
金沙赌场 is an Oklahoma City-based independent oil and natural gas exploration and production company with its principal producing properties located in the 尤蒂卡页岩 of Eastern 俄亥俄州 and along the Louisiana Gulf Coast. 除了, Gulfport holds a sizeable acreage position in the Alberta Oil Sands in Canada through its 25% interest in Grizzly Oil Sands ULC.

前瞻性声明
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, 经修订的（“证券法”）, 以及1934年证券交易法第21E条, 经修订的（“交易法”）. 所有的报表, 除了对历史事实的陈述, 包括在本新闻稿中，地址活动, events or developments that Gulfport expects or anticipates will or may occur in the future, 未来资本支出（包括金额和性质）, 企业战略和实施战略的措施, 竞争优势, 目标, 格尔夫波特业务和运营的扩张和增长, 计划, 金沙赌场最新网址状况, 提及未来的成功, reference to intentions as to future matters and other such matters are forward-looking statements. These statements are based on certain assumptions and analyses made by Gulfport in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate in the circumstances. 然而, whether actual results and developments will conform with Gulfport's expectations and predictions is subject to a number of risks and uncertainties, including: the negotiation and execution of definitive documentation relating to the JV; general economic, 金沙赌场最新网址, credit or business conditions and their impact on Gulfport’s ability to fund its capital requirements; the opportunities (or lack thereof) that may be presented to and pursued by Gulfport; Gulfport’s ability to identify, complete and integrate acquisitions of properties and businesses; competitive actions by other oil and gas companies; changes in laws or regulations; and other factors, 其中许多都超出了格尔夫波特的控制范围. Information concerning these and other factors can be found in the Company's filings with the Securities and Exchange Commission, 包括10-K表格, 10-Q和8-K. 因此, all of the forward-looking statements made in this news release are qualified by these cautionary statements and there can be no assurances that the actual results or developments anticipated by Gulfport will be realized, 或者即使实现了, 他们会对格尔夫波特产生预期的后果或影响, 其业务或运作. 格尔夫波特没有这个打算, 并放弃任何义务, 更新或修改任何前瞻性陈述, 金沙赌场是否金沙赌场是新信息的结果, 未来结果或其他.

投资者 & 媒体联络:
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杰西卡威尔斯-经理，投资者关系和研究
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2015年10月8日发布