Gastar sells Midcon properties for $46.2 MM

摘要

Gastar Exploration Inc. (NASDAQ: GST) is dealing 19,000 net acres from its noncore Midcontinent holdings, paving the way to exploit opportunities in Oklahoma's Stack play. Houston's Gastar agreed to sell assets in Oklahoma for about $46.2 million to Oklahoma Energy Acquisitions LP, whose general partner is Alta Mesa GP LLC.