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Gulfport Floats 2nd Stock Offering in a Year, Wants $371M | Marcellus Drilling News
How many times can you go to the (money) well? Gulfport Energy plans to find out. Gulfport, like many upstream (i.e. drilling) companies is in short supply of cash. One of the favorite techniques to raise new piles of cash is to sell off further ownership in the company by floating new stock. Gulfport did