As of June 30, 2025, the Company had the following natural gas basis swap positions open: | | | | | | | | | | | | | | | | | | | | | | | | | Gulfport Pays | | Gulfport Receives | | Daily Volume | | Weighted Average Fixed Spread | | Natural Gas | | | | | (MMBtu/d) | | ($/MMBtu) | | Remaining 2025 | Rex Zone 3 | | NYMEX Plus Fixed Spread | | 110,000 | | | $ | (0.20) | | | Remaining 2025 | NGPL TXOK | | NYMEX Plus Fixed Spread | | 40,000 | | | $ | (0.29) | | | Remaining 2025 | TETCO M2 | | NYMEX Plus Fixed Spread | | 230,000 | | | $ | (0.96) | | | Remaining 2025 | Transco Station 85 | | NYMEX Plus Fixed Spread | | 10,000 | | | $ | 0.45 | | | Remaining 2025 | TGP 500 | | NYMEX Plus Fixed Spread | | 20,000 | | | $ | 0.41 | | | 2026 | Rex Zone 3 | | NYMEX Plus Fixed Spread | | 80,000 | | | $ | (0.18) | | | 2026 | NGPL TXOK | | NYMEX Plus Fixed Spread | | 30,000 | | | $ | (0.30) | | | 2026 | TETCO M2 | | NYMEX Plus Fixed Spread | | 130,000 | | | $ | (0.98) | | | 2026 | Transco Station 85 | | NYMEX Plus Fixed Spread | | 10,000 | | | $ | 0.56 | | | 2026 | TGP 500 | | NYMEX Plus Fixed Spread | | 20,000 | | | $ | 0.56 | |
Subsequent to June 30, 2025, as of July 30, 2025, the Company entered into the following derivative contracts: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Period | | Type of Derivative Instrument | | Index | | Daily Volume | | Weighted
Average Price | | Natural Gas | | | | | | (MMBtu/d) | | ($/MMBtu) | 2027 | | Costless Collar | | NYMEX Henry Hub | | 10,000 | | | $3.75 / $4.52 | 2027 | | Swaps | | NYMEX Henry Hub | | 10,000 | | | $4.04 | 2027 | | Basis Swaps | | TETCO M2 | | 20,000 | | | $(0.97) | 2027 | | Basis Swaps | | NGPL TXOK | | 10,000 | | | $(0.29) |
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