Exhibit 10.1

SECOND AMENDMENT TO CREDIT AGREEMENT

THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Second Amendment”) is entered into as of July 19, 2007 between GULFPORT ENERGY CORPORATION, a Delaware corporation (the “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and individually a “Lender”), and BANK OF AMERICA, N.A.作为贷方和行政代理人（以后者的身份）的全国银行业协会； “Agent”). 本第二修正案中使用但未定义的大写术语具有信贷协议（定义如下）中赋予的含义。.

RECITALS

A. 借款人、贷款人和代理人于年月日签订了特定的信贷协议 March 11, 2005年(经3月20日信用证协议第一修正案修订, 2007, and as may be further amended, restated or supplemented from time to time, the “Credit Agreement”).

B. Borrower, Lenders and Agent have agreed to amend the Credit Agreement, subject to the terms and conditions of this Second Amendment.

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are acknowledged, the undersigned hereby agree as follows:

1. Amendments to Credit Agreement. Section 1.01 of the Credit Agreement is hereby amended by adding the following definition in its proper alphabetical order:

“Second Amendment” means the Second 2007年7月19日借款人、贷款人和代理人之间的信贷协议修正案.

2. Schedules. Schedule 2.01 特此删除信贷协议中的（承诺和按比例股份），并将其全部替换为 Schedule 2.01 attached to this Second Amendment.

3. Borrowing Base. 双方同意，截至2007年7月16日生效的借款基数为6000万美元.

4. Conditions. 本第二修正案一经借款人签署并交付即生效, Lenders (b)由借款人签署并交付给美国银行N.A. in form and substance satisfactory to Bank of America, N.A.(c)借款人出具的证明其任职的高级职员证书 officers, 自与信用证协议有关的证书交付之日起，公司证书和章程未发生任何变化, 以及董事会通过的授权本修正案的决议, and (d) such other documents as Agent may reasonably request.

5. Representations and Warranties. Borrower represents and warrants to Lenders and 代理人声明(a)其拥有执行、交付和遵守的所有必要权力和权限

with the terms of this Second Amendment, (b)本第二修正案已得到该方所有必要的公司行动的正式授权和批准 of the Borrower, (c)本第二修正案生效不需要任何人（出借人和代理人除外）的其他同意, (d)本第二修正案的执行和交付不违反其组织性 documents, (e)在本第二次修订之日，其作为一方的每项贷款文件中的陈述和保证在所有重要方面都体育平台是真实和正确的，就像在本第二次修订之日作出的一样 (except 在某种程度上，该等陈述和保证涉及特定日期，或在某种程度上，附加事项已以书面形式向贷款人和代理人披露), (f) it is in full compliance with all covenants and agreements contained in each Loan Document to which it is a party, and (g) no Event of Default or Default has occurred and is continuing. 在本第二修正案中作出的声明和保证在签署和交付后继续有效 of this Second Amendment. 若贷款人或代理人依赖本第二修正案中的陈述和保证，则无需贷款人或代理人进行调查.

6. Scope of Amendment; Reaffirmation; Release. 凡提及信用证协议时，均指经本第二修正案修订的信用证协议. Except as affected by this Second Amendment, the Loan Documents are unchanged and continue in full force and effect. However, 本信贷协议（经本第二次修订）的条款与任何其他贷款文件的条款不一致, the terms of the Credit 该等其他文件应被视为经修改以符合信用证协议的条款. 借款人在此重申其在贷款文件项下的义务，并同意所有的贷款 其作为一方的文件保持完全有效并继续具有法律效力, valid, 以及根据其条款可执行的具有约束力的义务（同样受本第二修正案的影响）. Borrower hereby releases 在本第二次修订日期之前，贷款人和代理人对与信贷协议和其他贷款文件有关的行为或疏忽不负任何责任.

7. Miscellaneous.

(a) No Waiver of Defaults. This Second Amendment does not constitute (i) a waiver of, or a consent to, (A)本第二修正案未明确提及的信贷协议或任何其他贷款文件的任何条款, or (B) any present or future violation of, or default under, any provision of the Loan Documents, 或（ii）放弃贷款人和代理人坚持未来遵守每个条款的权利, covenant, condition and provision of the Loan Documents.

(b) Form. 每项协议、文件、文书或其他书面文件均应提供给贷款人和 本第二修正案任何条款下的代理人必须在形式和实质上令贷款人满意, Agent and their counsel.

(c) Headings. 本第二修正案中使用的标题和说明文字仅为方便起见，不应被视为限制, amplify or modify the terms of this Second Amendment, the Credit Agreement, or the other Loan Documents.

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(d) Costs, Expenses and Attorneys’ Fees. Borrower agrees to pay or reimburse Lenders and 代理商应要求支付与准备相关的所有合理的自付费用和费用, negotiation, and execution of this Second Amendment, including, without limitation, the reasonable fees and disbursements of Lenders’ and Agent’s counsel.

(e) Successors and Assigns. This Second Amendment shall be binding upon and inure to the 以下签署人及其各自的继承人和获准受让人的利益.

(f) Multiple Counterparts. This Second 修订可签署任意数目的副本，其效力如同所有签署人已签署同一份文件一样. 所有副本必须共同解释为构成同一份文书. This Second Amendment may be 以传真或可携式文件格式传送及签署（PDF）. The effectiveness of any such documents and signatures shall, subject to applicable law, 与手工签署的原件具有相同的效力，并对其具有约束力 Borrower, Lenders and Agent. 贷款人和代理人也可以要求任何此类文件和签名由手工签署的原件确认； provided that 未请求或者未交付的，不限制本合同的效力 any facsimile or PDF document or signature.

(g) Governing Law. This Second Amendment and the other Loan Documents must be construed, and their performance enforced, under Texas law.

(h) Entirety. THE LOAN DOCUMENTS (AS AMENDED HEREBY) REPRESENT THE FINAL AGREEMENT BY AND BETWEEN BORROWER, LENDERS AND AGENT AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS BY THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

[Signatures appear on the next page.]

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第二修正案自本第二修正案序言所列日期起执行.

[Signature Page to Second Amendment to Credit Agreement]

SCHEDULE 2.01

COMMITMENTS AND PRO RATA SHARES

Schedule 2.01