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Gulfport Energy Reports Positive Utica Production Results

Gulfport Energy Corporation reported positive production results for its Shugert 1-1H well in Ohio’s Utica shale.  Located in Belmont County, Ohio, Shugert 1-1H tested at a peak rate of 20.0 million cubic feet per day of natural gas, 144 barrels of condensate per day, and 2,002 barrels of natural gas liquids per day.  Gulfport plans to begin flowing the Shugert 1-1H well into a sales pipeline by early December.

http://www.equities.com/news/headline-story?dt=2012-10-11&val=584301&cat=energy