Gulfport Energy Corporation Names John Reinhart Chief Executive Officer
January 19 2023 - 4:30PM
Business Wire
Gulfport Energy Corporation (NYSE: GPOR) today named John
Reinhart President, Chief Executive Officer and Director, effective
January 24, 2023. Tim Cutt, who has served as Chief Executive
Officer and Chairman since 2021, will retain his position of
Chairman of the Board of Directors.
“I am pleased to welcome John to Gulfport,” Cutt said. “John has
a proven track record of instilling a culture anchored on driving
operational excellence, accountability, transparency and safety and
he will bring strong leadership during this time of great
opportunity for our Company. The Board and I look forward to
working with John and the management team to build on the momentum
we have created and continue establishing Gulfport as an attractive
investment opportunity in our sector.”
“I am excited to join the Gulfport team,” Reinhart said. “The
Company is at a pivotal stage in its evolution and I look forward
to working alongside our teams in optimizing corporate, financial
and operational achievements that will build on the solid
foundation that has been established.”
“Gulfport and our shareholders greatly benefited from Tim’s
steady leadership during such a critical time for our Company,”
Lead Independent Director David Wolf added. “Tim helped transform
Gulfport, building a team and culture which has positioned Gulfport
for continued sustainable success. We thank him for his service and
are grateful he will continue to lead our Board as we welcome John
to our company.”
Reinhart joins Gulfport with over two decades of oil and gas
industry leadership experience. Most recently, he served as
President and Chief Executive Officer of Montage Resources
Corporation where he led actions that positioned Montage as an
attractive strategic partner with sufficient scale, low debt
profile and achievement of top-quartile operational and financial
metrics. Reinhart previously served as President and Chief
Executive Officer of Blue Ridge Mountain Resources and as Chief
Operating Officer at Ascent Resources. He started his oil and gas
career at SLB before joining Chesapeake Energy Corporation, where
he held operations roles with increasing responsibility. Reinhart
began his career in the United States Army, serving tours in Panama
and Iraq.
About Gulfport
Gulfport is an independent, natural gas-weighted exploration and
production company focused on the exploration, acquisition and
production of natural gas, crude oil and NGL in the United States
with primary focus in the Appalachia and Anadarko basins. Our
principal properties are located in eastern Ohio targeting the
Utica formation and in central Oklahoma targeting the SCOOP
Woodford and SCOOP Springer formations.
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Investor Contact Jessica Antle – Director, Investor
Relations jantle@gulfportenergy.com 405-252-4550
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