Exploration SuccessFollowing successful tests at two Marcellus well pads, GPOR has significantly extended its inventory life, indicating a robust future production potential.
Financial StrategyGPOR plans to allocate substantially all its 2024 free cash flow, excluding acquisitions, toward buybacks, demonstrating a strong commitment to enhancing shareholder value.
Operational EfficiencyWith a focus on longer laterals and more liquids-rich projects, GPOR is enhancing operational efficiencies to optimize production in response to market conditions.