Gastar Exploration (GST) Misses Q1 EPS by 2c
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Gastar Exploration Announces First Quarter 2018 Results
May 10, 2018 4:15 PM EDTHOUSTON, May 10, 2018 /PRNewswire/ --Â Gastar Exploration Inc. (NYSE American: GST) ("Gastar" or the "Company") today reported financial and operating results for the three months ended March 31, 2018.Â
First quarter 2018 highlights
Became a pure Oklahoma STACK Play operator with the sale of the West Edmund Hunton Lime Unit ("WEHLU") assets, which closed February 28, 2018. STACK Play average daily production, excluding WEHLU, was 5,500 barrels of oil equivalent ("Boe") per day ("Boe/d"), a 38% increase over fourth quarter 2017 STACK Play production and a 125% increase over first quarter 2017 STACK Play production. Total... More