Top Management at Gulfport Energy Continues to Change – New CFO
In January Gulfport Energy announced the sudden retirement of then-CEO James Palm. In April, interim CEO (formerly the CFO) Michael Moore, a numbers guy, was promoted to the top spot as CEO and Ross Kirtley, formerly COO for Ohio operations, was promoted to COO for the entire company (see New Top Management at Utica Driller Gulfport Energy). The vacant CFO position has now been filled. Gulfport reports that Aaron Gaydosik, most recently VP of Finance at Kodiak Oil & Gas Corp, will become the new CFO. Kodiak is a Bakken driller…
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On Monday MDN told you about three families near a WPX Energy wastewater impoundment near Ligonier (Westmoreland County), PA who say their well water has been contamined by frack wastewater leaking from the impoundment (see
With echoes of Fred Rogers singing, “Won’t you be my neighbor?,” yesterday the American Petroleum Institute issued a first-of-its-kind industry standard for how shale drillers should treat the neighbors. The API’s new Community Engagement Guidelines is a template for neighborly etiquette. The API wants their outline to become the “gold standard for good neighbor policies that address community concerns, enhance the long-term benefits of local development, and ensure a two-way conversation regarding mutual goals for community growth,” according to an API director of standards David Miller. Below we have the press announcement and a full copy of the new standard/template for how drillers should treat the neighbors…
Time for an update on the rapidly expanding Utica Shale region. Below MDN outlines the most active drillers in the Utica, indicating their acreage positions and how many wells they have permitted, drilled or producing (so far). Information on acreage positions was gleaned from company websites, the