Gulfport Energy Weathers Hurricane Gustav Escaping Major Damage

俄克拉荷马城,9月. 4, 2008 (GLOBE NEWSWIRE) -- 新葡京 (Nasdaq:GPOR) reports that after inspection of its West Cote Blanche Bay ("WCBB") facilities by Company operations personnel, the facilities appear to be intact with no structural or other major damage from Hurricane Gustav. The field is ready to begin startup operations; however, the exact timing of the restart of production will be determined primarily by the availability of necessary third party services. Initial production from the Hackberry fields was restored late Tuesday, September 2, 2008. Drilling and completion rigs have been directed to return to the WCBB field to continue with Gulfport's previously announced drilling program, and the completion rig will return to the Hackberry fields.

生产更新

从8月1日到29日, 2008, 公司总产量为5,669 net barrels of oil equivalent per day ("BOEPD"). 在这个数量中, the combined average net production from both the WCBB and Hackberry fields was approximately 4,939年BOEPD.

Grizzly Announces New Senior Management

Grizzly Oil Sands ULC ("Grizzly"), recently announced the appointment of John V. Pearce to the position of Chief Executive Officer.

在加入Grizzly之前,Mr. Pearce served as Director of Business Development, Thermal Heavy Oil, for Devon Canada. Mr. Pearce managed Devon's portfolio of thermal heavy oil leases and was responsible for lease selection, 初步设计, 允许, project management and operations engineering functions for the 35,1000桶/天Jackfish项目, 目前在运行, as well as for the Jackfish 2 project, which is in the final stages of regulatory approval.

Mr. Pearce is a Professional Engineer with a Bachelor of Science in Engineering from the University of Alberta. Mr. Pearce began his career with Esso Resources Canada, where he spent most of his time with Esso's thermal operations at Cold Lake. Prior to his employment with Devon, Mr. Pearce served as President of Premier Environmental Management, where he was responsible for the creation of detailed and conceptual designs for thermal and primary heavy oil projects in Alberta, 意大利, 和阿曼, 在其他任务中.

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新葡京 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 also holds a sizeable acreage position in the Alberta Oil Sands in Canada through its interest in Grizzly. 除了, Gulfport is participating in numerous wells in the Bakken play in the Williston Basin in North Dakota.

前瞻性声明

This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, 经修订的(“证券法”), and Section 21E of the Securities Exchange Act of 1934, 经修订的(“交易法”). 所有的报表, other than statements of historical facts, included in this news release that address activities, 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), business strategy and measures to implement strategy, 竞争优势, 目标, expansion and growth of Gulfport's business and operations, 计划, 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, market 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, many of which are beyond the control of Gulfport. 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, that they will have the expected consequences to or effects on Gulfport, 其业务或运作. 我们无意, 并放弃任何义务, to update or revise any forward-looking statements, whether as a result of new information, 未来结果或其他.

联系人:新葡京
          投资者联系:
          Michael G. Moore, Vice President and Chief Financial Officer
          405-848-8807