Gastar Exploration Inc.

Gastar Exploration Inc. announced today that it is extending its public marketing process for potential proposals to acquire the Company in conjunction with its court-supervised restructuring. The Company encourages all-cash proposals that can be closed quickly, as described below.  As previously announced, the Company has commenced chapter 11 [...]

Gastar Exploration Inc. today reported financial and operating results for the three and nine months ended September 30, 2018. As previously reported and as disclosed in more detail below under the caption "Chapter 11 Filing", on October 31, 2018, the Company and its subsidiaries commenced Chapter 11 reorganization cases in the United States [...]

Gastar Exploration Inc. today announced that it has commenced chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas .  The Company is seeking chapter 11 relief to implement the terms of its previously announced restructuring support agreement and corresponding prepackaged chapter 11 plan of reorganization .  The [...]

 Gastar Exploration Inc. today announced that it has entered into a restructuring support agreement with the Company's largest funded-debt creditors and largest common shareholders, certain funds affiliated with Ares Management LLC .  Subject to the terms and conditions of the RSA, Ares has agreed to support the Company's restructuring, which will [...]

 Gastar Exploration Inc. today announced that its 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 GSTPB 10.75% Series B Cumulative Preferred Stock, par value $0.01 [...]

 Gastar Exploration Inc. today announced that the Company's common stock will commence trading on the OTCQB over-the-counter market under the trading symbol "GSTC". Opening of over-the-counter trading in the Company's two preferred stock issues has been delayed pending resolution of certain technical listing issues. The Company anticipates the two [...]

 Gastar Exploration Inc. today announced that it 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 Company's following two preferred stock issues listed on the NYSE have also been suspended from trading on the exchange [...]

Gastar Exploration Inc.  announced today that, on August 28, 2018, it received a deficiency letter from the NYSE American stock exchange informing the Company of its non-compliance with continued listing standards because the Company's common stock has been selling for a low price per share for a substantial period of time. The NYSE American staff [...]

 Gastar Exploration Inc. today announced that certain investment vehicles affiliated with Ares Management, L.P. with rights to  two directors to the board of directors of Gastar have elected Marc Beilinson and William L. Transier to the Board, effective today.  Marc Beilinson Mr. Beilinson is the managing director of Beilinson Advisory Group, a [...]

 Gastar Exploration Inc. today reported financial and operating results for the three and six months ended June 30, 2018.  Net loss attributable to Gastar's common stockholders for the second quarter of 2018 was $39.4 million, or a loss of $0.19 per share, compared to a second quarter 2017 net loss of $6.4 million, or a loss of $0.03 per share [...]