Close Call: Gastar Completes Appalachia Deal, Pays Down Debt

Transaction Type
Buyers
Announce Date
Post Date
Close Date
Estimated Price
80MM
Description

Purchased 11,000 net acres of Marcellus Shale and Utica/Point Pleasant properties in Marshall and Wetzel counties, WV; includes 14-mile water system.

Close Call: Gastar Completes Appalachia Deal, Pays Down Debt

Gastar Faces Borrowing Base Blow Without Closing Door On Appalachia

Gastar’s Basin Swap Nearing Completion Following Marcellus, Utica Deal