Gulfport Energy Corporation Selects Patrick K. Craine as General Counsel and Corporate Secretary
May 20 2019 - 8:00AM
Gulfport Energy Corporation (NASDAQ: GPOR) (“Gulfport” or the
“Company”) announced today that Patrick K. Craine has joined the
Company as General Counsel and Corporate Secretary reporting to
David M. Wood, President and Chief Executive Officer.
Mr. Craine has over 20 years of extensive
senior-level experience handling a broad range of securities,
corporate, regulatory, governance, compliance and litigation
matters, with particular expertise in the energy industry. He
joins Gulfport from Chesapeake Energy Corporation where he served
as Deputy General Counsel – Chief Risk and Compliance
Officer. Prior to joining Chesapeake, Mr. Craine was a
partner with Bracewell LLP, a global law firm, where his practice
focused on securities and corporate regulatory matters and
investigations. Before Craine entered private practice, he
served as a lawyer with the U.S. Securities and Exchange Commission
and the Financial Industry Regulatory Authority where he held
leadership positions in their Oil and Gas Task Forces.
“I am very pleased to welcome Patrick to our executive team. His
experience, knowledge and stellar reputation will be enormously
helpful as we continue to move Gulfport forward delivering
meaningful shareholder value,” said Mr. Wood.
“I am excited to join David,” said Mr. Craine. “His vision for
the company will set the course for growth and success over the
coming years. Together with my new colleagues at Gulfport, I
look forward to delivering on that vision and building lasting
shareholder value.”
Mr. Craine received his Bachelor of Arts degree,
summa cum laude, Phi Beta Kappa, from Wabash College, and his Juris
Doctorate, cum laude, from the Southern Methodist University Dedman
School of Law.
About GulfportGulfport Energy
is an independent natural gas and oil company focused on the
exploration and development of natural gas and oil properties in
North America and is one of the largest producers of natural gas in
the contiguous United States. Headquartered in Oklahoma City,
Gulfport holds significant acreage positions in the Utica Shale of
Eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in
Oklahoma. In addition, Gulfport holds an acreage position along the
Louisiana Gulf Coast, has an approximately 22% equity interest in
Mammoth Energy Services, Inc. (NASDAQ:TUSK) and has a position in
the Alberta Oil Sands in Canada through its 25% interest in Grizzly
Oil Sands ULC. For more information, please
visit www.gulfportenergy.com.
Forward Looking StatementsThis
press release includes “forward-looking statements” for purposes of
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Exchange Act. All statements, other
than statements of historical facts, included in this press release
that address activities, events or developments that Gulfport
expects or anticipates will or may occur in the future, future
capital expenditures (including the amount and nature thereof),
business strategy and measures to implement strategy, competitive
strength, goals, expansion and growth of Gulfport's business and
operations, plans, market conditions, references to future success,
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. However,
whether actual results and developments will conform with
Gulfport's expectations and predictions is subject to a number of
risks and uncertainties, general economic, market, credit or
business conditions that might affect the timing and amount of the
repurchase program; 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, many of which
are beyond the control of Gulfport. Information concerning these
and other factors can be found in the Company's filings with the
Securities and Exchange Commission, including its Forms 10-K, 10-Q
and 8-K. Consequently, all of the forward-looking statements made
in this press 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, or even if
realized, that they will have the expected consequences to or
effects on Gulfport, its business or operations. Gulfport has no
intention, and disclaims any obligation, to update or revise any
forward-looking statements, whether as a result of new information,
future results or otherwise.
Investor & Media
Contact:Jessica Wills – Director, Investor
Relationsjwills@gulfportenergy.com405-252-4550
Media Contact:Adam Weiner /
Cameron NjaaKekst CNCadam.weiner@kekstcnc.com /
cameron.njaa@kekstcnc.com212-521-4800
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