Gulfport Energy Corporation Names Michael Moore Chief Executive Officer, Ross Kirtley Chief Operations Officer and Appoints

Gulfport Energy Corporation Names Michael Moore Chief Executive Officer, Ross
Kirtley Chief Operations Officer and Appoints Michael Reddin and Michael Moore
to Its Board of Directors

OKLAHOMA CITY, April 23, 2014 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation
(Nasdaq:GPOR) ("Gulfport") today announced that its Board of Directors has
concluded its nationwide search with Preng & Associates for a Chief Executive
Officer. The Board is pleased to announce that Michael G. Moore has been
promoted to Chief Executive Officer and has joined the Company's Board of
Directors and J. Ross Kirtley has been promoted to Chief Operating Officer. In
addition, following a concurrent search for directors also led by Preng &
Associates, Michael S. Reddin has been appointed to the Company's Board of
Directors.

David L. Houston, Chairman of the Board of Directors, commented "The Board is
very pleased to announce the promotion of Mr. Moore to Chief Executive Officer
and his appointment to the Board of Directors and the promotion of Mr. Kirtley
to Chief Operating Officer. The Board believes Mr. Moore and Mr. Kirtley will
provide the leadership required to pursue the Company's long-term growth
initiatives and lead the Company to continued success. Additionally, Mr.
Reddin brings upstream engineering and operations expertise, prior public
company board experience and over 30 years of energy industry experience that
will further strengthen our Board. We look forward to leveraging Mr. Reddin's
expertise as we embark on the next phase of the Company's growth."

Mr. Moore, formerly interim Chief Executive Officer and Chief Financial
Officer, has been promoted to Chief Executive Officer. In connection with this
promotion, Mr. Moore has also been appointed to the Company's Board of
Directors. Mr. Moore joined Gulfport in July 2000 as its Chief Financial
Officer and was appointed President of the Company in August 2013.

Mr. Kirtley, formerly Chief Operating Officer for the Company's Ohio
activities, has been promoted to Chief Operating Officer. Mr. Kirtley joined
Gulfport in May 2013 and was appointed Chief Operating Officer for the
Company's Ohio activities in September 2013.

Mr. Reddin joins the Company's Board of Directors effective immediately. Mr.
Reddin currently serves as the Chairman, President and Chief Executive Officer
of Davis Petroleum Corporation ("Davis Petroleum"), an independent private oil
and gas exploration, development, acquisitions and production company focused
primarily in the onshore Gulf Coast and deep-water Gulf of Mexico. Prior to
joining Davis Petroleum in 2009, Mr. Reddin served as President and Chief
Executive Officer of Kerogen Resources, Inc. ("Kerogen Resources"), an
early-stage exploration and production company focused on the development of
North American shale plays. Before Kerogen Resources, Mr. Reddin spent 2000
through 2008 at BP America Inc. focused in the development of its Gulf of
Mexico assets, where he served as Vice President of Production, Vice President
of Development and several other leadership roles. Earlier, Mr. Reddin served
in technical, financial and asset management positions of increasing
responsibility at ARCO Oil & Gas Company and Vastar Resources, Inc. Mr. Reddin
currently serves on the Board of Directors of Davis Petroleum and previously
served as a Director of Berry Petroleum Company, Kerogen Resources and the
Rocky Mountain Oil and Gas Association. Mr. Reddin earned a bachelor's degree
in mechanical engineering from Texas A&M University.

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 in the Utica Shale of Eastern Ohio and along the Louisiana
Gulf Coast. In addition, Gulfport holds a sizeable acreage position in the
Alberta Oil Sands in Canada through its 24.9% interest in Grizzly Oil Sands
ULC and has an equity interest in Diamondback Energy, Inc., a NASDAQ Global
Select Market listed company.

Forward Looking Statements

This press release includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended (the "Securities Act"),
and Section 21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"). All statements, other than statements of historical facts,
included in this press release that address activities, events or developments
that Gulfport expects or anticipates will or may occur in the future, future
capital expenditures (including the amount and nature thereof), business
strategy and measures to implement strategy, competitive strength, goals,
expansion and growth of Gulfport's business and operations, plans, market
conditions, references to future success, reference to intentions as to future
matters and other such matters are forward-looking statements. These
statements are based on certain assumptions and analyses made by Gulfport in
light of its experience and its perception of historical trends, current
conditions and expected future developments as well as other factors it
believes are appropriate in the circumstances. However, whether actual results
and developments will conform with Gulfport's expectations and predictions is
subject to a number of risks and uncertainties, general economic, market,
credit or business conditions; the opportunities (or lack thereof) that may be
presented to and pursued by Gulfport; competitive actions by other oil and gas
companies; changes in laws or regulations; and other factors, many of which
are beyond the control of Gulfport. Information concerning these and other
factors can be found in the Company's filings with the Securities and Exchange
Commission, including its Forms 10-K, 10-Q and 8-K. Consequently, all of the
forward-looking statements made in this news release are qualified by these
cautionary statements and there can be no assurances that the actual results
or developments anticipated by Gulfport will be realized, or even if realized,
that they will have the expected consequences to or effects on Gulfport, its
business or operations. Gulfport has no intention, and disclaims any
obligation, to update or revise any forward-looking statements, whether as a
result of new information, future results or otherwise.

CONTACT: Investor Contacts:
         Paul K. Heerwagen IV
         pheerwagen@gulfportenergy.com
         405-242-4888
        
         Jessica R. Wills
         jwills@gulfportenergy.com
         405-242-4421

Gulfport Energy
 
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