0001060830-05-000149 Sample Contracts

STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • April 21st, 2005 • Gulfport Energy Corp • Crude petroleum & natural gas • Delaware

THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is entered into as of February 22, 2005, by and among Gulfport Energy Corporation, a Delaware corporation (the “Company”), Southpoint Fund LP, a Delaware limited partnership (“Southpoint Fund”), Southpoint Qualified Fund LP, a Delaware limited partnership (“Southpoint Qualified Fund”) and Southpoint Offshore Operating Fund, LP, a Cayman Islands exempted limited partnership (“Southpoint Offshore”, and each of Southpoint Fund, Southpoint Qualified Fund and Southpoint Offshore referred to individually herein as a “Purchaser” and collectively as the “Purchasers”).

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