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Gastar Exploration: Positive Progress Report.

Publication: M2 Presswire
Publication Date: 30-DEC-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 December 2005-www.streetinvesting.com: Gastar Exploration: Positive Progress Report(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:30122005

Streetinvesting.com has commenced research on Gastar Exploration Ltd. (TSX:YGA). Since August, Gastar has exhibited strong market progress including steady gains throughout September and increased up and down activity throughout the end of 2005.

Gastar Exploration, Ltd. is an exploration and production company focused on finding and developing natural gas assets throughout North America and Australia. Gastar is striving to pursue a balanced strategy that combines low-risk CBM development with select higher risk, deep natural gas exploration prospects.

At this time, Gastar maintains interests in approximately 53,300 gross acres across Wyoming's Powder River Basin. Throughout history, The Powder River Basin has been infamous as one of the most active CBM plays in the U.S. and is considered by many to hold great production potential. Unlike other higher...

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