Gulfport Energy Corp. appointed John Reinhart president, director and CEO effective Jan. 24, according to a press release on Jan. 19.
Reinhart will be succeeding Tim Cutt, who has served as chairman and CEO since 2021 and will remain with the company as the chairman of the board of directors.
“Gulfport and our shareholders greatly benefited from Tim’s steady leadership during such a critical time for our company,” lead independent director David Wolf said of Cutt in the release. “Tim helped transform Gulfport, building a team and culture which has positioned Gulfport for continued sustainable success."
Most recently before joining Gulfport, Reinhart served as president and CEO of Montage Resources Corp. Prior to Montage Resources, he held roles at SLB, now Schlumberger, and Chesapeake Energy Corp. Additionally, he served tours in Panama and Iraq with the U.S. Army.
“I am pleased to welcome John to Gulfport,” Cutt said. “John has a proven track record of instilling a culture anchored on driving operational excellence, accountability, transparency and safety and he will bring strong leadership during this time of great opportunity for our company."
Recommended Reading
Royale Reports Favorable Results in Permian’s Mississippian Interval
2024-05-31 - Royale Energy has four producing wells, with a fifth and sixth being drilled and completed in Ector County, Texas, with plans to bring them online later this year.
US Drillers Cut Most Oil, Gas Rigs in a Month Since August
2024-05-31 - The oil and gas rig count, an early indicator of future output, held steady at 600 in the week to May 31.
VAALCO Energy Updates Canadian Drilling Campaign Results
2024-05-30 - VAALCO Energy drilled four 2.75-miles wells, apparently in the Western Canadian Sedimentary Basin.
Petrobras Awards Subsea 7 a Large Contract Offshore Brazil
2024-05-30 - Under the contract, which is valued at over $1.25 billion, Subsea 7 will develop the Búzios 9 field in Brazil’s Santos Basin.
Salunda Secures Multi-year Jackup Contract in Middle East
2024-05-29 - The contract is the organization’s first jack-up installation in the Middle East.