I can't speak to any of the OEM specific partitions and their purpose. But if you want to install on a GPT drive, you have to boot the Windows 7 install media as UEFI. During boot, you should be able to get a boot device menu and there should be two entries for the DVD. The Legacy (MBR) option and the UEFI option. Boot to UEFI and you will be able to handle the GPT drive.
If you have a UEFI install, you will have an EFI partition and the drive will show GPT in properties on the left end of the Disk Management line.
If you have a Windows 7 License is there any chance you could swap out the hard drive and keep the old one, or at least image the old one before you try the install?