Gastar Exploration reported it has reached an agreement with several undisclosed private sellers to buy 59,000 net acres in the Marcellus Shale concentrated in Preston, Tucker and Pendleton counties, West Virginia

摘要

Terms were not disclosed. Closing is expected in mid-December. The assets include the acreage, a 41-mile gathering system, a salt water disposal well and seven conventional wells producing 500,000 cubic feet per day.