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News Breaks
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November 17, 2009
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| 06:08 EDT |  | GST |
| theflyonthewall.com: | Gastar Exploration announces sale of East Texas gathering system | | Gastar Exploration announced the sale of its majority interest in the Hilltop Resort Gathering System to US Infrastructure. Signing of definitive agreements and closing of the sale occurred simultaneously. The Hilltop Resort Gathering System is comprised of 20 miles of natural gas pipeline connected to 24 Gastar-operated wells, which produce from the middle and lower Bossier and Knowles formations in East Texas. Gastar received proceeds of approximately $21.7M from the sale of these assets, net of costs and expenses associated with the transaction. :theflyonthewall.com |
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January 31, 2012
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| 06:04 EDT |  | GST |
| theflyonthewall.com: | Gastar Exploration announces proved SEC reserves increased 138% over 2010 | | Gastar Exploration announced its total proved SEC reserves as of December 31, 2011 and approved its 2012 capital budget. Gastar reported year-end 2011 proved natural gas, oil and condensate and natural gas liquids reserves of 119.7 Bcfe estimated in accordance with SEC regulations. This represents an increase of 138% over year-end 2010 proved reserves of 50.3 Bcfe. :theflyonthewall.com |
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January 30, 2012
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| 16:28 EDT |  | GST |
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