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Gulfport Energy Corp , a publicly-traded oil and gas company based in Oklahoma City, allowed its former chairman to receive millions of dollars in equity interests at no cost in more than a dozen firms ...
Because of the competitive bidding process … and the oversight of our audit committee, Gulfport believes its decisions are always in the best interest of its stockholders.
The Company strongly believes it has complied with its disclosure obligations under the securities laws.
Because of his knowledge and expertise, Wexford occasionally requests that Mr. Liddell advise on or provide strategic oversight of certain investments.
If a contingent equity interest is offered (to Liddell) that contingent interest comes solely from Wexford's portion