• Gulfport Energy acquired about 4,700 net undeveloped acres in Belmont County, Ohio, through an Ohio state land lease sale for USD 83 million.
• Deal expands its core Ohio Utica position in the liquids-rich wet gas window, adjacent to existing operations.
• Transaction adds about 16 net drilling locations normalized to 15,000-foot laterals; development targeted to start in 2027.
• Purchase price implies about USD 17,500 per net acre, or USD 5.1 million per net location on the same lateral basis.
• Funding to come from cash on hand, with additional capacity available under the revolving credit facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gulfport Energy Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260629285058) on June 29, 2026, and is solely responsible for the information contained therein.