US shale firm Gulfport Energy exits bankruptcy May 19, 2021 2:15:pm Summary by: Daniel Graeber Posted in: US shale firm Gulfport Energy exits bankruptcy US shale producer Gulfport Energy said May 18 it emerged from Chapter 11 bankruptcy protection with a new board and an improved balance sheet. After a tumultuous year of pandemic strains, and aiming to eliminate roughly $1.25bn in debt, the company started a restructuring process in November. “Gulfport has exited bankruptcy with a new board of directors; a strengthened balance sheet, with $853mn of total debt representing more than $1.2bn o...