Gulfport Energy Prepares for Tropical Storm Isaac

OKLAHOMA CITY, Aug. 27, 2012 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (Nasdaq:GPOR) announced today that as a precautionary measure due to potential weather conditions anticipated from the approaching tropical storm Isaac, the company has initiated procedures to shut in and evacuate all field personnel at the West Cote Blanche Bay field located in Southern Louisiana, West of New Orleans. Additionally, Gulfport has begun moving all marine equipment to safe harbor, including drilling and completion rigs.

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 along the Louisiana Gulf Coast and in the Permian Basin in West Texas. Gulfport has also acquired acreage positions in the Niobrara Formation of Western Colorado and the Utica Shale of Eastern Ohio. In addition, Gulfport holds a sizeable acreage position in the Alberta Oil Sands in Canada through its interest in Grizzly Oil Sands ULC and has interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand.

CONTACT: Investor & Media Contact:
         Paul K. Heerwagen
         Director, Investor Relations
         pheerwagen@gulfportenergy.com
         (405) 242-4888
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