Quarterly report [Sections 13 or 15(d)]

SUBSEQUENT EVENTS

v3.25.1
SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
Natural Gas, Oil and NGL Derivative Instruments
Subsequent to March 31, 2025, as of April 30, 2025, the Company entered into the following derivative contracts:
Period Type of Derivative Instrument Index
Daily Volume
Weighted
Average Price
Natural Gas
(MMBtu/d) ($/MMBtu)
2025
Costless Collars
NYMEX Henry Hub
17,818 
$4.00 / $4.66
2026
Costless Collars
NYMEX Henry Hub
20,000 
$4.00 / $4.52
Credit Facility Redetermination
On May 5, 2025, Gulfport completed its semi-annual borrowing base redetermination under its Credit Facility during which the borrowing base was reaffirmed at $1.1 billion with elected commitments remaining at $1 billion.