- Gastar Exploration (NYSEMKT:GST -2.5%) reports strong results from its second dry gas Utica/Point Pleasant well in West Virginia, continuing a trend of solid production records from the eastern part of the shale play.
- GST says the Blake U-7H well produced at a peak 48-hour gross sales rate of 36.8MM cf/day of natural gas, with post peak rate 30-day production averaging 20.2 MM cf/day.
- GST owns a 50% working interest in Blake U-7H and a 41.1% net revenue interest in the well.