Annual report pursuant to Section 13 and 15(d)

SUBSEQUENT EVENTS (Tables)

v3.24.0.1
SUBSEQUENT EVENTS (Tables)
12 Months Ended
Dec. 31, 2023
Subsequent Events [Abstract]  
Schedule of Natural Gas Basis Swap Positions As of December 31, 2023, the Company had the following natural gas basis swap positions open:
Gulfport Pays Gulfport Receives Daily Volume Weighted Average Fixed Spread
Natural Gas (MMBtu/d) ($/MMBtu)
2024 Rex Zone 3 NYMEX Plus Fixed Spread 150,000  $ (0.15)
2024 NGPL TXOK NYMEX Plus Fixed Spread 70,000  $ (0.31)
2024 TETCO M2 NYMEX Plus Fixed Spread 179,945  $ (0.93)
Subsequent to December 31, 2023 and as of February 26, 2024, the Company entered into the following derivative contracts:
Period Type of Derivative Instrument Index
Daily Volume
Weighted
Average Price
Natural Gas
(MMBtu/d) ($/MMBtu)
2024
Swaps
NYMEX Henry Hub
40,219  $2.66
2024
Basis Swaps
TETCO M2
18,306  $(0.90)
2025
Basis Swaps
TETCO M2
100,000  $(0.99)
2025
Costless Collars
NYMEX Henry Hub
30,000 
$3.25 / $4.03
NGL
(Bbl/d) ($/Bbl)
2025
Swaps
Mont Belvieu C3
1,000  $30.14