latest news releases from the newsroom
Gulfport Energy Corp
Gulfport Energy Corporation Announces Sale of Certain Bakken Shale Assets
OKLAHOMA CITY, May 22, 2009 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (Nasdaq:GPOR) today announced the company has sold certain of its oil and gas properties and related assets located in the Bakken Shale of North Dakota for $13.0 million, with an effective date of April 1, 2009. The portion of Gulfport's Bakken Shale assets sold includes approximately 12,270 net acres and approximately 190 net barrels of oil equivalent per day of production. Gulfport will retain approximately 6,740 net acres, interests in four gross wells, and up to a 7.5% overriding royalty interest in the leases sold, proportionately reduced to Gulfport's ownership interest in each lease after delivering an 80% net revenue interest to the purchaser. Gulfport plans to use proceeds from the sale for general corporate purposes.
Mark & Associates, P.C.
Mark & Associates, P.C. and The Lanier Law Firm File Lawsuit Against Makers of Levaquin for Tendon Ruptures -- JNJ
UNIONDALE, N.Y., May 22, 2009 (GLOBE NEWSWIRE) -- Mark & Associates, P.C. and The Lanier Law Firm announce the filing of civil lawsuits against Johnson & Johnson (NYSE:JNJ) and Ortho McNeil, the makers of the potent antibiotic Levaquin, for causing patients to suffer painful tendon ruptures. The lawsuits (Docket Nos. ATL-L-1644-09, ATL-L-1661-09, ATL-L-1710-09) were recently filed in the Superior Court of New Jersey in Atlantic County on behalf of three plaintiffs from around the United States.