Item 5. OTHER EVENTS
Gulfport Energy Corporation announced today that its President, Mark
Liddell, died December 24, 1999. Mr. Liddell joined the Company as a Director in
July of 1997 and subsequently became President in 1998.
Gulfport Energy Corporation is an independent oil and gas producer
specializing in the development of mature oil and gas fields in south Louisiana.
The Company's operations are centered in one of the oldest and historically most
prolific oil and gas regions in the United States. The Board of Directors and
the Chief Executive Officer, Mike Liddell, plan to continue to exploit the
Company's extensive reserve base through drilling and recompletion projects.
Gulfport Energy Corporation
By: /s/ MIKE LIDDELL
Mike Liddell
Chief Executive Officer
Date: December 27, 1999
