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Saturday, 10/17/2015 9:01:20 PM

Saturday, October 17, 2015 9:01:20 PM

Post# of 675
Plus being in this week's Barron's

"With this strategic Mid-Continent transaction, we are consolidating our working interest in our core Mid-Continent acreage and will be able to operationally control development decisions going forward," said J. Russell Porter, Gastar's President and CEO. "We believe this acreage is not only productive for the Hunton Limestone formation but also very prospective for the Meramec Shale and Woodford Shale STACK play, with additional upside from the Oswego and Osage formations. In addition, the contemplated sale of certain of our Marcellus and Utica assets should allow us to further reduce leverage while enhancing our liquidity position to allow for the future development of our extensive Mid-Continent position." 10/14/2015

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