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Gastar Exploration Completing 8 Wells in Q3 2015

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Gastar Exploration Completing 8 Wells in Q3 2015

Gastar Exploration Inc. has reported financial and operating results for the three and six months ended June 30, 2015.

Average daily production for the second quarter of 2015 was 13,900 barrels of oil equivalent per day (Boe/d) as compared to 9,500 Boe/d in the second quarter of 2014 and 12,600 Boe/d in the first quarter of 2015. Liquids as a percentage of total equivalent production volumes were 53% in the second quarter of 2015 compared to 48% in the second quarter of 2014 and 52% in the first quarter of 2015.

Operations Review and Update Mid-Continent Net production from the Mid-Continent area increased to an average of 6,200 Boe/d in the second quarter of 2015, compared to 4,100 Boe/d in the second quarter of 2014 and 5,900 Boe/d in the first quarter of 2015. Second quarter 2015…
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