Gulfport Energy Corporation Appoints Donnie Moore as Interim Chief Executive Officer
Source: Nasdaq GlobeNewswire / 01 Nov 2018 16:10:18 America/New_York
OKLAHOMA CITY, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (“Gulfport” or the “Company”) today announced that its Board of Directors has appointed Donnie Moore to serve as Interim Chief Executive Officer, effective immediately. Donnie Moore succeeds Michael G. Moore who, effective October 29, 2018, stepped down from his position as Chief Executive Officer and President of Gulfport and resigned from the Company’s Board of Directors.
Donnie Moore joined Gulfport as Chief Operating Officer in January 2018 from Noble Energy, Inc., where he served as Vice President of Noble’s Texas operations for the Eagle Ford and Delaware Basin assets after holding leadership positions in other of Noble’s business units. He is among several individuals in the past year appointed to Gulfport’s management team or Board with extensive experience working within large cap energy companies. The Board has engaged a nationally recognized executive recruiting firm to undertake a nationwide search for a chief executive to lead Gulfport for the long term.
David L. Houston, Chairman of the Gulfport Board, said, “Donnie has the full and unanimous support of the Board of Directors to lead the Company forward immediately and seamlessly. Since joining Gulfport this year, Donnie has brought to bear his nearly three decades of exceptional management and technical experience in the E&P industry to drive efficient execution of Gulfport’s operations. His talent in marshalling and focusing the skills and efforts of Gulfport’s employees has earned him respect across our organization.”
Donnie Moore joined Gulfport as the Chief Operating Officer in January 2018 from Noble Energy, Inc., where he most recently served as Vice President of Noble’s Texas operations for the Eagle Ford and Delaware Basin assets. Prior to that, he held various leadership roles including Vice President of the Marcellus Business Unit, Manager of Operations for the Wattenberg/DJ Basin Business Unit, Manager of Operations for the Gunflint discovery in the Deepwater Gulf of Mexico, and Development Manager for Noble’s Mid-Continent and Gulf Coast positions. Prior to joining Noble in 2007, he held a variety of roles with ARCO Oil and Gas Company, Vastar Resources, and BP America from 1989 to 2007 and brings to Gulfport more than 28 years of operations and subsurface leadership experience. Mr. Moore is a graduate of Louisiana Tech University with a Bachelor of Science degree in Petroleum Engineering.
Gulfport Energy is an independent natural gas and oil company focused on the exploration and development of natural gas and oil properties in North America and is one of the largest producers of natural gas in the contiguous United States. Headquartered in Oklahoma City, Gulfport holds significant acreage positions in the Utica Shale of Eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in Oklahoma. In addition, Gulfport holds an acreage position along the Louisiana Gulf Coast, has an approximately 22% equity interest in Mammoth Energy Services, Inc. (NASDAQ:TUSK) and has a position in the Alberta Oil Sands in Canada through its 25% interest in Grizzly Oil Sands ULC. For more information, please visit www.gulfportenergy.com.
Jessica Wills – Director, Investor Relations
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