Stock Report: Gastar Exploration Ltd. (GST) Report Updated: May 20, 2013 | Print This Page

Gastar Exploration Ltd., an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It focuses on the unconventional reserves, such as shale resource plays. As of December 31, 2011, the company had interests in the Marcellus Shale assets in West Virginia and Pennsylvania of approximately 43,400 gross acres; approximately 63,000 gross acres in Preston, Tucker, Pocahontas, Randolph, and Pendleton counties in West Virginia; and leases covering approximately 41,100 gross acres in the Bossier play in the Hilltop area of east Texas in Leon and Robertson counties. It also owned an average non-operated working interest on approximately 35,900 gross acres in the Powder River basin of Wyoming and Montana, as well as had proved undeveloped reserves of totaled 41.2 billion cubic feet of natural gas equivalent. Gastar Exploration Ltd. was founded in 1987 and is based in Houston, Texas.