Gastar Exploration

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Website: N/A
Stock Symbol: AMEX: GST
Market Value: N/A (in millions)

We are a Houston, Texas-based independent natural gas and oil company engaged in the exploration, development and production of natural gas and oil in the United States and Australia. Our domestic drilling activities are focused on exploiting our multi-year inventory of drilling locations in the deep Bossier sands and Knowles Limestone plays in the Hilltop area of East Texas and continuing exploitation of our coal bed methane, or “CBM”, assets in the Powder River Basin of Wyoming and Montana. Our operations in Australia are focused on the development of over 7.0 million gross (2.9 million net) acres of CBM rights in New South Wales and Victoria, Australia. We believe that our dual focus enables us to generate high initial production and long-lived producing wells with strong cash flow dynamics from our East Texas activities, while also providing us with significant reserve upside through the development of our Australian resource plays.     

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