Gulfport Asks Court to Overrule FERC, Cancel Rover, REX Pipe Deals
Gulfport Energy continues to try and wiggle out of legally-signed and binding long-term contracts with multiple pipeline companies, including deals that move Marcellus/Utica gas through the Rover and Rockies Express (REX) pipelines. Last year the Federal Energy Regulatory Commission (FERC) told Gulfport a very loud NO in breaking those contracts (see Gulfport Energy Looks to Cancel Pipeline Contracts via Bankruptcy). A very high bar much be reached to break a pipeline contract because those contracts are signed "in the best interest of the public."
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