secwatch.observer — SEC 8-K summary
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Issuer:     GULFPORT ENERGY CORP (GPOR)
CIK:        0000874499
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001213900-23-008973
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Gulfport settles Rover pipeline rejection; Q4 production hit 2% by Winter Storm Elliott
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- Q4 2022 production averaged 1,051,637 Mcfe/day, with 2% (~20,000 Mcfe/day) lost to Winter Storm Elliott downtime.
- Settled Rover contract rejection: $85.9M unsecured claim, $18.3M initial distribution, $1M administrative claim.
- Gulfport expects $17.7M distribution from its TC Energy claims as result of the Rover settlement.
- After $1M payment, Gulfport has no further obligations to Rover; other distributions from liquidating trust.
- Operations fully restored; weather impact confined to Q4 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874499/000121390023008973/0001213900-23-008973-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874499/000121390023008973/ea172824-8k_gulfport.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-008973

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