Gulfport Energy Corporation Announces the Appointment of Chief Executive Officer
December 05 2005 - 4:24PM
PR Newswire (US)
OKLAHOMA CITY, Dec. 5 /PRNewswire-FirstCall/ -- Gulfport Energy
Corporation (OTC:GPOR) (BULLETIN BOARD: GPOR) announced today that
James D. (Jim) Palm joined Gulfport, effective December 1, 2005, as
Chief Executive Officer, a position previously held by Mr. Mike
Liddell. Mr. Liddell will continue to serve as Chairman of the
Board and a Director of Gulfport. Mr. Palm received a B.S. in
Mechanical Engineering in 1968 and a Masters of Business
Administration in 1971, both from Oklahoma State University.
Following three years of service as a Naval Officer, Mr. Palm
worked from 1971 through 1973 at the corporate headquarters of Gulf
Oil Corporation in Pittsburgh, Pennsylvania. Mr. Palm then returned
to Oklahoma, where he worked at McAlester Fuel Company in
McAlester, Oklahoma from 1973 through 1976. From 1977 through 1984
and again from 1986 through 1995, Mr. Palm worked for Ricks
Exploration Company in Oklahoma City, Oklahoma, where he began his
career as a Manager of Operations and was later promoted to Vice
President of Operations and then to Vice President of Exploration
and Operations. In 1995, Mr. Palm founded Crescent Exploration,
L.L.C., an independent oil and gas company operating in Oklahoma
and the Texas panhandle. Mr. Palm currently serves as a member of
the Industry Advisory Committee of the Oklahoma Corporation
Commission. Mr. Palm is a past President of the Oklahoma
Independent Petroleum Association and also previously served as
Chairman of the Oklahoma Energy Resources Board. Gulfport is an
independent oil and gas exploration and production company with its
principal properties located in the Louisiana Gulf Coast area. The
Company seeks to achieve reserve growth and increased cash flow
from operations through low risk development activities on its
existing properties and other acquisition opportunities.
DATASOURCE: Gulfport Energy Corporation CONTACT: James D. Palm of
Gulfport Energy Corporation, +1-405-848-8807, ext. 179 Web site:
http://www.gulfportenergy.com/
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