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Gulfport Plans to Accelerate Utica Drilling in 2013

Gulfport Energy Corp. announced that it plans to accelerate its Utica shale drilling program in 2013. Gulfport currently holds about 128,000 net acres in the Utica shale play. Gulfport’s third party engineers estimate that its year-end 2012 probable reserves are 12.84 million barrels of oil and 80.62 billion cubic feet of natural gas. In all, Gulfport expects to produce 21,000 barrels of oil equivalent per day.