Operator · Eaglebine/Woodbine
Gastar Exploration Inc
80 articles mentioning Gastar Exploration Inc · Page 1 of 4
Gastar Exploration Emerges from Bankruptcy
Gastar Exploration Inc. has emerged from bankruptcy as a private company. The company has eliminated more than $350 million of debt and preferred equity obligations from its balance sheet. Pursuant to the Plan, the Company also...
STACK Operator Files for Bankruptcy
Gastar Exploration has filed for bankruptcy. The company has entered into a restructuring support agreement with its largest (and only) funded-debt creditors and largest common shareholders, certain funds affiliated with Ares Management LLC. The agreed restructuring...
Gastar's Stock Begins Trading on OTCQB Exchange
Gastar Exploration's two preferred stock issues have commenced trading on the OTCQB over-the-counter market under the trading symbols listed below. Ticker Symbol Issue Description GSTPA 8.625% Series A Cumulative Preferred Stock, par value $0.01 per share...
NYSE Suspends Trading of Gastar's Stock; Commences Delisting Process
Gastar Exploration Inc. has received notification from the NYSE American LLC that the NYSE has suspended trading of the Company's common stock on the exchange due to its abnormally low trading price. The NYSE stated that...
Gastar Cuts Operated Well Plans, Ups Budget for 2018; Pauses Drilling
Gastar Exploration reported its Q2 2018 results. Lowers Operated Well Plans for 2018; Ups Budget Slightly Gastar has decreased its operated well plans for 2018 as well as slightly increased its budget to $122 million (up...
Gastar Adds Two Independent Directors to Board
Gastar Exploration reported that certain investment vehicles affiliated with Ares Management, L.P. have elected Marc Beilinson and William L. ("Bill") Transier to the Board, effective today. Marc Beilinson Mr. Beilinson is the managing director of Beilinson...
Gastar Taps Firms to Assist in Strategic Review
Pure-play STACK E&P Gastar Exploration has tapped three firms to advise the company as it considers potential strategic transactions, including financing, refinancing, sale, or merger transactions, and is encouraging proposals from existing stakeholders and interested third-parties....
STACK / SCOOP Well Results and IP24s: June 14 - 22, 2018
Here is a look at the most recent well results / IP24s from operators in the SCOOP / STACK play in the Oklahoma Mid-Continent / Anadarko Basin region.
Gastar STACK Production Up +38%; Exit Hunton Lime Asset
Gastar reported its Q1 2018 results. The company recently became a pure Oklahoma STACK Play operator with the sale of the West Edmund Hunton Lime Unit assets, which closed February 28, 2018. Highlights: - Q1 2018...
Gastar Adds Independent Director to Board
Gastar has appointed Harry Quarls to its board. About Quarls: Mr. Quarls currently serves as an independent director for Rosehill Resources Inc., a publicly traded independent oil and natural gas company, a position he has held...
Gastar Cuts Drill Times 36% in 2017; Touts 4,000 BOEPD in STACK Production
Gastar reported its Q4 and full year 2017 results. Well Costs Down: - Successful drilling optimization program reduced days to drill by 36% from first half of 2017 Stephen Roberts, Senior Vice President and Chief Operating...
Gastar President & CEO Porter Leaving the Company
Gastar President & CEO J. Russell Porter is leaving the company. The Board of Directors has appointed Jerry Schuyler, Gastar's Chairman of the Board of Directors, as interim CEO, effective immediately. Gastar has initiated a search...
Gastar Shrinks Spending -11% for 2018; Talks STACK Drilling Plans
Gastar detailed its 2018 capital plan. 2018 Plans - 2018 Production: 5,000-6,000 BOEPD (flat from 2017) - 2018 Capex: $115 million (down -11% from $129.2 million in 2017) STACK Operated D&C: $69.5 million STACK NonOp: $15.7...
Gastar Cuts Drill Times by 42% in Q3; 11 Days Spud-to-TD
Gastar reported its Q3 2017 results. Highlights from its call / release include: Average daily production of 6,200 BOEPD (72% liquids) Expects to continue drilling with one rig going into 2018 Drill Time Improvement: Gastar has...
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...
September 2017 - Top 10 SCOOP and STACK Wells - YTD
Top 10 Oil Wells in SCOOP/STACK in 2017 Top 10 Gas Wells in SCOOP/STACK in 2017
Gastar Increases Capex Guidance by $45.3 Million with D&C Capex Comprising 89% of the Increase
Gastar reported its Q2 results and highlights include:Average daily production in Q2 was 6,100 boe/d (73% liquids), which was 2% above the high end of Q2 guidance. For the Mid-Con, Q2 2017 production was 6,100 boe/d...
Gastar Taps New COO
Gastar Exploration Inc. to announce that Stephen P. Roberts has joined Gastar as Senior Vice President and Chief Operating Officer effective immediately.
Gastar Sets Target Economics for STACK / Hunton Wells; Rig, Well Plans
Gastar detailed its Q1 2017 results and highlights include:
Gastar Releases Q4 2016 Results
Gastar reported its Q4 2016 results and highlights include: - Average daily production was 5,900 Boe per day, exceeding mid-point guidance by 7% - Production volumes comprised of 72% liquids, in line with mid-point guidance -...