Gulfport Energy Corp. - 2015-06-10
Description
Opened a public offering of 10 million common shares. Underwriters were given a monthlong option to purchase 1.5 million additional shares. Net proceeds will fund part of the purchase price for the acquisition of Utica acreage and assets from American Energy-Utica LLC. They will also support general corporate purposes, including 2015 capex plans. Credit Suisse Securities (USA) LLC is the book-running manager.