Gulfport Exits Chapter 11 After November Bankruptcy Filing

摘要

Gulfport Energy Corp. said it has emerged from Chapter 11 protection. The natural-gas company filed for bankruptcy in November after an acquisition spree.1. Exits bankruptcy with a new board, $853 million of total debt and about $135 million of liquidity2. CEO David Wood is retiring effective immediately3. Board appoints chairman Timothy J. Cutt as interim CEO and William J. Buese as chief financial officer4. NOTE: April 27, Gulfport Energy Bankruptcy Plan With New Creditor Deal Approved.