金沙赌场 Announces Completion of 信贷安排 Refinancing and Provides 操作更新

俄克拉荷马城，十月. 6, 2010 (GLOBE NEWSWIRE) -- 金沙赌场 (Nasdaq:GPOR) today announced the closing of a new senior secured revolving credit facility and provided an update on its operational activities.

信贷安排

9月30日, 2010, Gulfport entered into a new $100 million senior secured revolving credit facility with The Bank of Nova Scotia，担任行政代理人, 信用证开证人和牵头安排人, 和amgy银行全国协会.  新的循环信贷额度将于9月30日到期, 2013, 并拥有5000万美元的初始借款基础.  截至2010年9月30日，格尔夫波特的未偿余额为45美元.从新的循环信贷安排中提取700万美元.  The amounts borrowed under the new revolving credit facility were used to pay off Gulfport's existing revolving credit facility and term loan, 都金沙赌场是美国银行的, N.A.，担任行政代理人.

对协议的评论, 迈克•摩尔, 他金沙赌场是金沙赌场的副总裁兼首席财务官, 说, "We are pleased to close our new credit facility and begin building relationships with two financial institutions that have a strong presence in oil and gas lending.  This new credit facility provides Gulfport with an expanded borrowing base while accomplishing our goal of extending maturity of our outstanding indebtedness." 

操作更新

In Southern Louisiana, Gulfport continues to execute an active 2010 capital program. 在西高德布兰奇湾（“西高德布兰奇湾”）, Gulfport目前有一个驳船钻井平台在工作，并在8点钻探,该油田2010年第19口井的690英尺深.  At Hackberry, Gulfport recently finished drilling its fourth and fifth wells of 2010 at the field.  在释放驳船钻机之后, both wells were successfully completed in the Lower Miocene and initial tests indicate them to be solid producers.  目前, preparations are underway for the arrival of a land rig at Hackberry within one week to drill the sixth well of 2010 at the field.  到目前为止, Gulfport has achieved a 100% success rate from its 2010 drilling activities in Southern Louisiana. 

在二叠纪，15个总（6个）.75 net) wells have been drilled and four gross (two net) up-hole recompletions have been performed on our acreage year-to-date.  目前, two rigs are active on Gulfport's acreage in the Permian and are drilling ahead on the 16th and 17th gross wells of 2010.

在加拿大, 灰熊油砂公司（“灰熊”）, 格尔夫波特持有该公司约25%的股份, recently awarded the engineering and procurement contract for Grizzly's proposed steam assisted gravity drainage ("SAGD") facility at Algar Lake to SNC-Lavin.  Work is underway out of Grizzly's Calgary office and the detailed design of the project is expected to be complete by April 2011.  The proposed SAGD facility at Algar Lake will employ a proven SAGD plant process but apply a new and unique modular plant design.  The execution plan is based on engineering and constructing a completely modularized processing facility capable of being trucked to the site.  Field construction requirements will be limited to placing and interconnecting the modules followed by commissioning of the facility. 

约格尔夫波特

金沙赌场 is an Oklahoma City-based independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast and the Permian Basin in West Texas.  Gulfport recently acquired an acreage position in the Niobrara Shale of Western Colorado.  Gulfport also holds a sizeable acreage position in the Alberta Oil Sands in Canada through its interest in Grizzly Oil Sands ULC.  

前瞻性声明

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, 经修订的（“证券法”）, 以及1934年证券交易法第21E条, 经修订的（“交易法”）. 所有的报表, 除了对历史事实的陈述, 包括在本新闻稿中，地址活动, events or developments that Gulfport expects or anticipates will or may occur in the future, including such things as future capital expenditures (including the amount and nature thereof), 企业战略和实施战略的措施, 竞争优势, 目标, 格尔夫波特业务和运营的扩张和增长, 计划, 金沙赌场最新网址状况, 提及未来的成功, reference to intentions as to future matters and other such matters are forward-looking statements.  These statements are based on certain assumptions and analyses made by Gulfport in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate in the circumstances.  然而, whether actual results and developments will conform with Gulfport's expectations and predictions is subject to a number of risks and uncertainties, 总体经济, 金沙赌场最新网址, credit or business conditions; the opportunities (or lack thereof) that may be presented to and pursued by Gulfport; competitive actions by other oil and gas companies; changes in laws or regulations; and other factors, 其中许多都超出了格尔夫波特的控制范围.  Information concerning these and other factors can be found in the Company's filings with the Securities and Exchange Commission, 包括10-K表格, 10-Q和8-K.  因此, all of the forward-looking statements made in this news release are qualified by these cautionary statements and there can be no assurances that the actual results or developments anticipated by Gulfport will be realized, 或者即使实现了, 他们会对格尔夫波特产生预期的后果或影响, 其业务或运作.  格尔夫波特没有这个打算, 并放弃任何义务, 更新或修改任何前瞻性陈述, 金沙赌场是否金沙赌场是新信息的结果, 未来结果或其他.

联系人：金沙赌场
          投资者关系
          保罗·K. Heerwagen
          405-242-4888
          pheerwagen@discover-motors.com

图片：金沙赌场

2010年10月6日发布