Gulfport Energy Corporation appoints new CEO

Gulfport Energy Corporation recently announced that its Board of Directors has appointed David M. Wood, a 40-year oil and gas industry veteran, to serve as President and CEO, effective immediately. Mr. Wood will also join the Company’s Board of Directors. Donnie Moore, who served as Interim CEO during a nationwide search led by Heidrick & Struggles for a chief executive to lead Gulfport for the long term, will continue to serve as the Company’s COO and report to Mr. Wood.

Mr. Wood joins Gulfport from Arsenal Resources LLC, a West Virginia focused natural gas producer and First Reserve Corporation portfolio company, where he most recently served as Chairman of its Board of Directors and previously held the role of CEO. From 2013 to 2016, Mr. Wood served as a Senior Advisor to First Reserve, a premier energy-focused private equity firm, serving on several portfolio company boards. Prior to that, he spent more than 17 years at Murphy Oil Corporation, including as CEO, President, and Director from 2009 until his retirement in 2012.

David M. Wood holds B.S. (Hons) Geology from the University of Nottingham in England and completed Harvard University’s Advanced Management Program. Mr. Wood previously served on the Board of Directors and as an Executive Committee Member of the American Petroleum Institute. He was also a member of the National Petroleum Council and is a member of the Society of Exploration Geophysicists. His past board affiliations include Crestwood Midstream GP LLC, Crestwood Equity GP LLC, Deep Gulf Energy LP, and Berkana Energy, when it was majority owned by Murphy Oil.

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