Gulfport Energy buys 4,700 Ohio Utica acres for $83M
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Gulfport Energy Expands Core Utica Inventory Through Ohio Lease Sale Acquisitions
June 29, 2026 4:19 PM EDTÂ
OKLAHOMA CITY--(BUSINESS WIRE)-- Gulfport Energy Corporation (NYSE: GPOR) (Gulfport or the Company) today announced the successful acquisition of approximately 4,700 net undeveloped acres in the core of the Ohio Utica in Belmont County, Ohio, through the Ohio Oil and Gas Land Management Commission State Land Lease Sale for a total purchase price of approximately $83.0 million.
Key Highlights
Large, contiguous acquisition of approximately 4,700 net undeveloped acres secured in a highly competitive lease sale environment, adjacent to existing operations and recently acquired discretionary acreage High-quality core acreage position expected to drive... More