新葡京 Announces Divestiture of Non-Core Assets for a Total Value in Excess of $100 Million and Provides an Update on Accretive Debt Repurchases

Entered into agreements to divest various non-core assets for approximately $8600万年 in up-front proceeds in addition to future contingent payments

Repurchased $190 million aggregate principal amount of unsecured senior notes for $140 million year to date

俄克拉荷马城，12月. 19, 2019 (GLOBE NEWSWIRE) -- 新葡京 (NASDAQ: GPOR) (“Gulfport” or the “Company”) announced today that the Company has entered into agreements to divest certain non-core assets and provided an update on the continuation of discounted debt repurchases.  

非核心资产剥离
Gulfport recently entered into a definitive agreement to divest its water infrastructure assets across its 独家新闻 position to a third-party water service provider. Gulfport expects to receive $51亿现金 upon closing and has an opportunity to earn potential additional incentive payments in excess of $50 million over the next 15 years, 取决于格尔夫波特新葡京是否有能力达到一定的门槛, 除此之外, 公司未来的发展计划和未来的水生产水平. 该协议没有包含最低产量的承诺. 公司预计将于2020年1月完成交易. Scotiabank served as financial advisor to Gulfport on the divestiture of its water infrastructure assets.

分别, Gulfport also recently entered into an agreement to divest certain non-operated interests in the 尤蒂卡页岩 for approximately $29.1亿现金. 公司预计在2019年底之前完成交易.   

除了, the previously announced sale of certain overriding royalty interests associated with assets Gulfport held in the Bakken closed on December 11, 2019年和, 购货价格调整后的净额, 格尔夫波特获得了大约700万美元的总收益.

债券回购
Gulfport announced that during the fourth quarter of 2019, it has repurchased $85.无担保优先票据的总本金为60美元.100万现金. 年初至今，格尔夫波特已经回购了190美元.100万无担保优先票据的总本金为140美元.400万美元现金，总共获得49美元的折扣.600万年. These repurchases will result in cash interest savings to Gulfport of more than $7 million annually. Gulfport 计划 to continue to pursue discounted repurchases of its unsecured senior notes, 使公司能够减轻其整体债务负担, improve cash flow through reduced interest expense and capture discounts that result in value accretion to shareholders.

约格尔夫波特
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. 总部设在俄克拉荷马城, Gulfport holds significant acreage positions in the 尤蒂卡页岩 of Eastern Ohio and the 独家新闻 Woodford and 独家新闻 Springer plays in Oklahoma. 除了, Gulfport holds 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. 欲新葡京信息，请访问 xwchb.vizsladog.net.

前瞻性声明
This press release includes “forward-looking statements” for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, 1933年证券法第27A条, 修订的, 以及1934年证券交易法第21E条. 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, 未来资本支出（包括金额和性质）, 企业战略和实施战略的措施, 回购未偿还债务或股权, 资产出售的时间、完成情况及所得款项, 竞争优势, 目标, 格尔夫波特业务和运营的扩张和增长, 计划, 赌球app下载状况, 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, 赌球app下载, credit or business conditions that might affect the timing and amount of the repurchase program; the opportunities (or lack thereof) that may be presented to and pursued by Gulfport; Gulfport’s ability to identify, complete and integrate acquisitions of properties and businesses; Gulfport’s ability to achieve the anticipated benefits of its strategic initiatives, including the potential divestiture of certain water infrastructure assets Gulfport holds across its 独家新闻 position; 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 press 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, 新葡京是否新葡京是新信息的结果, 未来结果或其他.

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2019年12月19日上映