UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K
                             Current Report Pursuant
                          to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

        Date of report (date of earliest event reported): June 30, 2000



                        GULFPORT ENERGY CORPORATION, INC.
             (Exact name of registrant as specified in its charter)


                                    Oklahoma
         (State or other jurisdiction of incorporation or organization)

           1-10753                                        73-1521290
    (Commission File Number)                (I.R.S. Employer Identification No.)


                         6307 Waterford Blvd., Suite 100
                          Oklahoma City, Oklahoma 73118
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code: 405-848-8807








Item 5.  Other Events

On June 30, 2000,  Gulfport Energy  Corporation (the "Company") reduced its bank
debt from $2.5 million to $1.6 million. In July 1997, the Company entered into a
$15.0 million  dollar credit  facility  with ING (US) Capital  Corporation  (the
"Credit  Facility").  As of December  31,  1999,  the  Company had $2.5  million
dollars of remaining debt under the Credit Facility.  On June 30, 2000, Gulfport
refinanced  $1.6  million  of the debt  through  Bank of  Oklahoma  and paid the
outstanding  balance of $900,000 out of cash flow.  The loan agreement with Bank
of Oklahoma  provides for a two-year note with principal  payments of $100,000 a
month. The loan carries an interest rate of prime plus one.

Additionally,  on July 17,  2000,  the  Company  hired  Mike  Moore as its Chief
Financial Officer. Mr. Moore has had substantial  experience in both the oil and
gas industry as well as with market  transactions.  Mr. Moore was Vice President
and Chief  Financial  Officer of Indian Oil Company  from May 1998  through July
2000 and the  Controller at DLB Oil & Gas, Inc. from  September 1995 through May
1998. In these  positions,  Mr. Moore  participated  in five  acquisitions,  two
spin-offs, and two IPOs providing due diligence review,  Securities and Exchange
Commission  filings and  coordinating  closings.  The Company  believes that Mr.
Moore's  experience  further  positions  the  Company  to  exploit   potentially
available market transactions in the future.