Gastar Exploration Ltd (AMEX: GST) is on The StockGuru Leader Board today. The stock closed up 8.06% on Friday.
Volume was 891,126 shares traded.
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About the Company:
Gastar Exploration Ltd. engages in the acquisition, exploration, development, and production of natural gas and oil in the United States. It focuses on deep structures identified through seismic and other analytical techniques, as well as unconventional natural gas reserves, such as shale resource plays. As of December 31, 2010, the company held leases covering approximately 33,400 gross acres in the deep Bossier gas play in the Hilltop area of east Texas; and had approximately 87,700 gross acres in the Marcellus Shale in the Appalachian area of West Virginia, and central and southwestern Pennsylvania. It also owned an average non-operated working interest of approximately 40% in approximately 43,400 gross acres within the Powder River Basin of Wyoming and Montana. Gastar Exploration Ltd. was founded in 1987 and is based in Houston, Texas.
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