Hackberry

Legacy Asset. Our Hackberry field is located due east of one of the four Strategic Petroleum Reserve locations in the United States. Discovered by the majors in the early 1900's, Gulfport now employs technological innovations such as 3-D seismic and directional drilling to drive development and exploit untapped resource. Highlighted facts regarding Hackberry include:

		Located along the western shore of Lake Calcasieu, 15 miles inland from the waters of the Gulf of Mexico Discovered in 1926 by Gulf Oil Co. and developed using 2-D seismic Our leases at West Hackberry are located within two miles of one of the United States Department of Energy's Strategic Petroleum Reserves During 2005, Gulfport completed a proprietary 42 square mile 3-D seismic survey at Hackberry Major salt intrusive feature, elliptical in shape, divided into east and west entities by a saddle A series of structurally complex and steeply dipping fault blocks formed by the salt intrusion serve to trap hydrocarbon accumulations Thick Sands Provide Production Upside. Multiple pay zones and highly productive sands in the deep and shallow sections on the field's north flank. Wells currently produce from perforations found between 5,100 and 12,200 feet Development potential of over 30 different pay zones As of year end 2011, an impressive cumulative production of over 1,911 MBOE and 470 Bcf has been produced from the entire Hackberry field

Located along the western shore of Lake Calcasieu, 15 miles inland from the waters of the Gulf of Mexico

Discovered in 1926 by Gulf Oil Co. and developed using 2-D seismic

Our leases at West Hackberry are located within two miles of one of the United States Department of Energy's Strategic Petroleum Reserves

During 2005, Gulfport completed a proprietary 42 square mile 3-D seismic survey at Hackberry

Major salt intrusive feature, elliptical in shape, divided into east and west entities by a saddle

A series of structurally complex and steeply dipping fault blocks formed by the salt intrusion serve to trap hydrocarbon accumulations

Thick Sands Provide Production Upside. Multiple pay zones and highly productive sands in the deep and shallow sections on the field's north flank.

Wells currently produce from perforations found between 5,100 and 12,200 feet

Development potential of over 30 different pay zones

As of year end 2011, an impressive cumulative production of over 1,911 MBOE and 470 Bcf has been produced from the entire Hackberry field

Success Through the Drillbit. Recent activity at Hackberry has provided insight into trends that we believe will lead Gulfport to fully exploit the full potential of the field. The following are our recent operational highlights:

In June 2009, Gulfport entered into a two year joint exploration agreement covering approximately 2,868 net acres adjacent to Gulfport’s East Hackberry field
- Gulfport is the designated operator and will participate in proposed wells with at least 70% working interest
- Gulfport licensed 54 square miles of 3-D seismic data covering a portion of the area and is reprocessing the data

During 2011, Gulfport drilled 22 wells and recompleted 24 wells

Production during the fourth quarter of 2011 at Hackberry averaged approximately 2,111 BOEPD

Production mix at Hackberry during the fourth quarter of 2011 consisted of 97% oil and 3% natural gas

During the fourth quarter of 2011, Hackberry contributed to approximately 29% of Gulfport's total production

Currently plan to drill approximately 10-12 wells and perform 10 recompletions at Hackberry during 2012

Gulfport Energy

Hackberry Overview

Maps/Images

Hackberry Recent Activity and Results