Gulfport Energy Corporation announced that James Palm, the Company's Chief Executive Officer, has informed Gulfport of his decision to retire from the Company on February 15, 2014. In addition, Mr. Palm will resign from the Company's Board of Directors effective February 15, 2014.
David L. Houston, Chairman of the Board, commented, "Jim's exceptional leadership has been a key contributor to the success of Gulfport. Gulfport's executive team has done a remarkable job at creating value for our stockholders and I am proud of the accomplishments we achieved together through the years. On behalf of the Board and the Company, I would to thank Jim for his many years of service and I wish him the best in his personal and professional endeavors."