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Gastar Exploration Inc. 10.75% Series B Cumulative Preferred Stock (GST-B)

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Last Post: 10/20/2016 2:16:57 PM - Followers: 1 - Board type: Free - Posts Today: 0

Company Overview

Gastar Exploration Inc. is an independent energy company engaged in the exploration, development and production of oil, condensate, natural gas and natural gas liquids in the United States. Gastar's principal business activities include the identification, acquisition, and subsequent exploration and development of oil and natural gas properties with an emphasis on unconventional reserves, such as shale resource plays. In Oklahoma, Gastar is currently pursuing development within the primarily oil-bearing reservoirs of the Hunton Limestone horizontal play and will test other prospective formations on the same acreage, including the Woodford Shale and the Meramec Shale (middle Mississippi Lime), which Gastar refers to as the Mid-Continent Stack Play. In West Virginia, Gastar is continuing the development of liquids-rich natural gas in the Marcellus Shale and is beginning to drill the dry gas Utica Shale play on its acreage. The Company is publicly traded on the NYSE MKT exchange under the ticker symbol GST, and its Series A Preferred Stock and Series B Preferred Stock are traded under the ticker symbols GST-A and GST-B.

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