SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G/A

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)

GULFPORT ENERGY CORPORATION

(Name of Issuer)

Shares of Common Stock, par value $0.01 per share

(Title of Class of Securities)

402635304

(CUSIP Number)

December 31, 2009

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

			þ Rule 13d-1(b)
			o Rule 13d-1(c)
			o Rule 13d-1(d)

 

 

CUSIP No.		402635304	13G/A	Page		2		of		9

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4.

CUSIP No.		402635304	13G/A	Page		3		of		9

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4.

CUSIP No.		402635304	13G/A	Page		4		of		9

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4.

CUSIP No.		402635304	13G/A	Page		5		of		9

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4.

CUSIP No.		402635304	13G/A	Page		6		of		9

*SEE INSTRUCTIONS BEFORE FILLING OUT

**SEE ITEM 4.

SCHEDULE 13G/A

This Amendment No. 6 (the “Amendment”) to Schedule 13G (the “Schedule 13G”) is an amendment to the initial statement on Schedule 13G relating to common shares (the “Common Stock”) of Gulfport Energy Corporation, a Delaware corporation (the “Issuer”) filed with the Securities and Exchange Commission (the “SEC”) on March 7, 2005.

This Amendment is being filed on behalf of Southpoint Capital Advisors LLC, a Delaware limited liability company (“Southpoint CA LLC”), Southpoint GP, LLC, a Delaware limited liability company (“Southpoint GP LLC”), Southpoint Capital Advisors LP, a Delaware limited partnership (“Southpoint Advisors”), Southpoint GP, LP, a Delaware limited partnership (“Southpoint GP”) and John S. Clark II. Southpoint CA LLC is the general partner of Southpoint Advisors. Southpoint GP LLC is the general partner of Southpoint GP. Southpoint GP is the general partner of Southpoint Fund LP, a Delaware limited partnership (the “Fund”), Southpoint Qualified Fund LP, a Delaware limited partnership (the “Qualified Fund”), and Southpoint Master Fund, LP, a Cayman Islands exempted limited partnership (the “Master Fund”). Southpoint Offshore Fund, Ltd., a Cayman Island exempted company (the “Offshore Fund”), is also a general partner of the Master Fund. This Amendment relates to shares of Common Stock of the Issuer, purchased by the Fund, the Qualified Fund and the Master Fund.

This Amendment is being filed to amend and restate Item 4 and Item 5 of the Schedule 13G as follows:

Item 4 Ownership.

     Item 4 is hereby amended and restated as follows:

	(a)		Southpoint CA LLC, Southpoint GP LLC, Southpoint GP, Southpoint Advisors and John S. Clark II may be deemed the beneficial owners of 579,347 shares of Common Stock.
	(b)		Southpoint CA LLC, Southpoint GP LLC, Southpoint GP, Southpoint Advisors and John S. Clark II may be deemed the beneficial owners of 1.36% of the outstanding shares of Common Stock. This percentage was determined by dividing 579,347 by 42,688,491, which is the total number of shares of Common Stock outstanding as of November 2, 2009, according to the Issuer’s Form 10-Q filed on November 6, 2009 with the Securities and Exchange Commission.
	(c)		Southpoint CA LLC, Southpoint GP LLC, Southpoint GP, Southpoint Advisors and John S. Clark II have the sole power to vote and dispose of the 579,347 shares of Common Stock beneficially owned.

Item 5 Ownership of Five Percent or Less of a Class.

Item 5 is hereby amended and restated as follows:

If this statement is being filed to report the fact that as of the date hereof Southpoint CA LLC, Southpoint GP LLC, Southpoint GP, Southpoint Advisors and John S. Clark II have all ceased to be the beneficial owners of more than five percent of the class of equity securities of the Issuer, check the following þ.

Item 10 Certification.

By signing below each of the reporting persons certifies that, to the best of such person’s knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and were not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     Date: February 16, 2010

		SOUTHPOINT CAPITAL ADVISORS, LP
		By:		Southpoint Capital Advisors LLC
				its general partner
				By:		/s/ John S. Clark II
				Name:		John S. Clark II
				Title:		Manager
		SOUTHPOINT GP, LP
		By:		Southpoint GP, LLC
				its general partner
				By:		/s/ John S. Clark II
				Name:		John S. Clark II
				Title:		Manager
		SOUTHPOINT CAPITAL ADVISORS, LLC
		By:		/s/ John S. Clark II
		Name:		John S. Clark II
		Title:		Manager
		SOUTHPOINT GP, LLC
		By:		/s/ John S. Clark II
		Name:		John S. Clark II
		Title:		Manager

		/s/ John S. Clark II
		John S. Clark II