Leasehold Position (03/31/11): ≅ 178,081 Acres

Proved + Probable Reserves (03/31/11):  ≅ 114 MMbbl

Best Estimate Contingent Resource (03/31/11): ≅ 1,972 MMbbl

Strategic Plan:

• Develop Algar Lake project
• Advance five additional projects with the goal of increasing production capacity to 60,000 gross (15,000 net) barrels per day by 2020

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Leasehold Position (12/31/10): ≅ 4 Onshore Concession Blocks

Strategic Plan:

• Test geological concept in block L16/50 identified through proprietary 3-D seismic
• Expand project, applying project cash flow to offset capital outlays

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Leasehold Position (11/2/11): ≅ 15,300 Net Acres

Proved Reserves (12/31/10): ≅ 14.45 MMBOE

Strategic Plan:

• Grow production through the drill bit by actively drilling on 40-acre spacing
• Evaluate potential for 20-acre down spacing

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Proved Reserves (12/31/10): ≅ 22.4 MMBOE

2010 Net Production (12/31/10): ≅ 5,412 BOEPD

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.

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Leasehold Position (12/31/10): ≅ 13,998 Net Acres

Proved Reserves (12/31/10):    ≅ 7.52 MMBOE

Strategic Plan:

• Grow production and maximize return on capital

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Leasehold Position (12/31/10): ≅ 19,445 Net Acres

Proved Reserves (12/31/10): ≅ 0.36 MMBOE

Strategic Plan:

• Shoot 60 square mile 3-D seismic survey over Craig Dome prospect
• Begin developing acquired acreage as a source of crude oil reserve and production growth

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Leasehold Position (11/2/11): ≅ 62,500 Net Acres

Strategic Plan:

• Explore and develop existing acreage position
• Continue acquiring attractive acreage within the wet gas/retrograde condensate and mature oil windows