Subscribe: Newsletter | Magazine
| Gastar Exploration Ltd. 1331 Lamar, Suite 1080 Houston, TX 77010 713-739-1800 |
Gastar Exploration Ltd. is an exploration and production company focused on finding and developing natural gas assets in North America and Australia. The Company pursues a strategy combining select higher risk, deep natural gas exploration prospects with lower risk coalbed methane (CBM) development.
The Company owns and operates exploration and development acreage in the deep Bossier gas play of East Texas. Gastar’s CBM activities are conducted within the Powder River Basin of Wyoming and on approximately 5 million gross acres controlled by Gastar and its joint development partners in Australia’s Gunnedah Basin, PEL 238, 433 and 434, located in New South Wales, and the Gippsland Basin, EL 4416, located in Victoria. For more information, visit our web site at http://www.gastar.com.
Presenter: - J. Russell Porter - Chairman, President & CEO
Haynesville Shale surpasses Barnett as US's largest shale gas producerThe Haynesville Shale in Louisiana surpassed the Barnett Shale in Texas as the nation's highest production shale gas play in 2011, according to the US Energy Information Agency. |
Industry Briefs |
Gastar wells demonstrate productivity of Marcellus ShaleGastar Exploration’s first two horizontal Marcellus wells, the Wengerd 1H and 7H, produced at a combined gross initial 30-day rate of 7.1 MMcfd of 1285 btu/Mcf natural gas and 176 bbls of condensate per day |
As Marcellus Shale volumes increase, new infrastructure is being constructed
In terms of acreage, the Marcellus Shale is the largest major shale play east of the Mississippi River. It runs through parts of five states, including New York, Pennsylvania, Ohio, Maryland, and West Virginia.
|
Haynesville Shale surpasses Barnett as nation's top-producing shale gas play
It seems that we don't hear as much about the Haynesville Shale these days.
|
Gastar Exploration revisits capital markets with public stock offeringGastar Exploration USA Inc. is commencing an underwritten public offering of 600,000 shares of perpetual and non-convertible 8.625% Series A Cumulative Preferred Stock. |
GE grows with $1.3B acquisition of Wellstream
GE Oil & Gas is expanding its subsea manufacturing and services portfolio with the $1.3 billion acquisition of Wellstream Holdings.
|
Gastar, Antinum acquire additional West Virginia Marcellus Shale acreageGastar Exploration Ltd., together with its joint venture partner, Atinum Marcellus I LLC, has leased another 3,300 gross acres in Marshall County, West Virginia to develop the liquids-rich Marcellus Shale formation. |