Gulfport Energy Corporation Announces Changes in Senior Management

OKLAHOMA CITY, Dec. 29, 2016 -- Gulfport Energy Corporation (Nasdaq:GPOR) (“Gulfport” or the “Company”) today announced that Aaron Gaydosik, the Company’s Chief Financial Officer, has informed Gulfport of his decision to resign from the Company, effective January 4, 2017, to pursue an external opportunity.

In connection with Mr. Gaydosik’s resignation, the Gulfport Board of Directors has appointed Keri Crowell to the position of Chief Financial Officer. Ms. Crowell joined the Company in 2005 and she has served as Gulfport’s Chief Accounting Officer since September 2015, and will continue to serve as Gulfport’s principal accounting officer. Prior to her appointment as Chief Accounting Officer, Ms. Crowell served as a Vice President of the Company since April 2014 and Controller since March 2006. Ms. Crowell joined the Company in October 2005 as Assistant Controller. Prior to joining the Company, Ms. Crowell served in various accounting and/or audit roles at Ernst and Young LLP, Arthur Andersen LLP and an Oklahoma City-based accounting firm. Ms. Crowell holds a Bachelor of Science in Business Administration and Accounting and Masters of Business Administration degrees from Oklahoma State University, and also holds a Certified Public Accountant license from the State of Oklahoma. Ms. Crowell is a member of Oklahoma Society of Certified Public Accountants and Financial Executives International, or FEI, and served as a board member and the treasurer of the FEI Oklahoma City chapter from 2012 until 2014.

Michael G. Moore, Chief Executive Officer and President commented, “Keri has been a key contributor to Gulfport’s success during her 11 year tenure and has established herself as an impactful leader among our team. Her extensive financial and accounting experience makes her exceptionally suited for this expanded role and I am confident she will continue to be instrumental in the future growth and success of Gulfport in her new position.” Mr Moore further stated, “On behalf of the Gulfport team I would like to thank Aaron for his contributions to our Company and wish him the very best in his new endeavors.”

About Gulfport
Gulfport Energy Corporation is an Oklahoma City-based independent oil and natural gas exploration and production company with its principal producing properties located in the Utica Shale of Eastern Ohio and along the Louisiana Gulf Coast. In addition, Gulfport holds a sizeable acreage position in the Alberta Oil Sands in Canada through its 24.9% interest in Grizzly Oil Sands ULC.

Investor & Media Contact:
Jessica R. Wills – Manager, Investor Relations and Research
[email protected]
405-242-4421