SOURCE: Equity Markets Inc

June 30, 2011 09:00 ET

Oil Seeing Forward Movement - Research Report on Gulfport Energy Corporation and Mexco Energy Corporation

MACAU--(Marketwire - Jun 30, 2011) - Today, announced its research report highlighting Gulfport Energy Corporation (NASDAQ: GPOR) and Mexco Energy Corporation (NYSE Amex: MXC). Full content and research is available at

With recent world events directly affecting the crude oil exports, the trend for this industry remains upward. Equity values of U.S.-based supermajor oil & gas companies are estimated to rise alongside forecasts for improved global economic growth and crude oil prices. S&P believes global GDP expanded 4.1% in 2010 and will grow 3.5% in 2011 and 4.0% in 2012. It is believed that with the continued merger and acquisition activity, notably in North America and other frontier regions, the continuation of drilling in several Countries is likely to increase. An example of this being the growing volumes of Canadian oil imports, as well as greater takeaway capacity from the Rockies.

Equity Markets has reviewed Gulfport Energy Corporation as an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), Hackberry fields, and in West Texas in the Permian Basin. The Company holds a significant acreage position in the Alberta oil sands in Canada, through its interest in Grizzly Oil Sands ULC (Grizzly), and has interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand. The full research report on Gulfport Energy Corporation (NASDAQ: GPOR) is available here:

Equity Markets is covering Mexco Energy Corporation as an oil and gas company engaged in the acquisition, exploration and development of oil and gas properties located in the United States. The Company's total estimated proved reserves at March 31, 2010, were approximately 8.406 billion cubic feet (Bcf) of natural gas and 240,000 barrels (bbls) of oil and natural gas liquids. In September 2010, Mexco purchased a company, which owns royalties producing primarily natural gas. The full research report on Mexco Energy Corporation (NYSE Amex: MXC) is available here:

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