Production Rates | Forecast - Production | Capital Markets | Private Equity Activity
Gastar Lowers 2017 Production Expectations
Gastar Exploration has updated its Q3 2017 guidance and full year 2017 production.
- Expects Q3 production in the range of 6,100-6,300 BOEPD (down -5% at midpoint from prior disclosed guidance of 6,300-6,800 BOEPD)
- Expects full year 2017 production in the range of 6,000-6,400 BOEPD (down -5% at midpoint from prior disclosed guidance of 6,200-6,800 BOEPD)
The change in production guidance is the result of operational challenges that Gastar believes have been resolved.
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Forecast - Production
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