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Gastar Exploration Inc. (GST)

  • Jun. 7, 2013, 3:16 PM
    Gastar Exploration (GST +3.6%) says it's completed its acquisition of proven reserves and undeveloped leasehold interests in Kingfisher and Canadian Counties, Oklahoma, from Chesapeake Energy (CHK) for $84M. The company also reports that as of today, Michael McCown will assume the position of senior vice president and chief operating officer. Michael Gerlich will continue as GST's CFO and has been promoted to senior vice president.
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Company Description
Gastar Exploration Inc is an independent energy company. It is engaged in the exploration, development and production of oil, condensate, natural gas and NGLs in the US.