Finance & Investing | Capital Markets | Private Equity Activity
Gastar Augments Borrowing Base by $20 Million
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Gastar Exploration Inc. has reported that the borrowing base under its revolving credit facility has been increased to $120.0 million.
This represents a $20.0 million increase over Gastar's previous borrowing base effective December 2013.
Currently, Gastar has no borrowings outstanding under the revolving credit facility.