3 Apr 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. director John Hamilton Cassels had 1,106 shares withheld for taxes on vesting stock.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
26 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. director Randolph C Coley had 938 shares withheld for taxes on vesting stock.
26 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. director John Michael Sr Selser had 938 shares withheld for taxes on vesting stock.
26 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Executive Officer & Pres J Russell Porter had 8,266 shares withheld for taxes on vesting stock.
26 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Financial Officer & VP Michael A Gerlich had 5,786 shares withheld for taxes on vesting stock.
20 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Executive Officer & Pres J Russell Porter had 992 shares withheld for taxes on vesting stock.
20 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Financial Officer & VP Michael A Gerlich had 662 shares withheld for taxes on vesting stock.
20 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. director John Michael Sr Selser had 469 shares withheld for taxes on vesting stock.
19 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. director Randolph C Coley had 1,124 shares withheld for taxes on vesting stock.
19 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. director John Michael Sr Selser had 1,124 shares withheld for taxes on vesting stock.
19 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Financial Officer & VP Michael A Gerlich had 5,947 shares withheld for taxes on vesting stock.
19 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Executive Officer & Pres J Russell Porter had 11,101 shares withheld for taxes on vesting stock.
19 Mar 2012director interest notice● Neutral
GASTAR EXPLORATION, INC. director Floyd R Price had 1,124 shares withheld for taxes on vesting stock.
14 Feb 2012substantial holder notice● Neutral
Chesapeake Energy Corporation reported a GASTAR EXPLORATION, INC. shareholding of 6,781,768 shares (10.48% of votes) in a periodic institutional filing.
30 Jan 2012substantial holder notice● Neutral
TOCQUEVILLE ASSET MANAGEMENT LP disclosed a new substantial GASTAR EXPLORATION, INC. shareholding (8.35% of votes).
10 Jan 2012substantial holder notice● Neutral
BlackRock, Inc reported a GASTAR EXPLORATION, INC. shareholding of 7,011,738 shares (10.84% of votes) in a periodic institutional filing.
9 Dec 2011substantial holder notice● Neutral
BlackRock, Inc reported a GASTAR EXPLORATION, INC. shareholding of 6,915,326 shares (10.69% of votes) in a periodic institutional filing.
14 Sept 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. director Robert David Penner had 1,000 shares withheld for taxes on vesting stock.
7 Sept 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Financial Officer & VP Michael A Gerlich had 6,613 shares withheld for taxes on vesting stock.
7 Sept 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Executive Officer & Pres J Russell Porter had 10,911 shares withheld for taxes on vesting stock.
7 Sept 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. director John Michael Sr Selser had 1,250 shares withheld for taxes on vesting stock.
11 July 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Financial Officer & VP Michael A Gerlich had 2,424 shares withheld for taxes on vesting stock.
11 July 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Executive Officer & Pres J Russell Porter had 3,968 shares withheld for taxes on vesting stock.
15 June 2011material agreement● NeutralMajor
On June 14, 2011 the Amegy bank credit agreement was amended (Third Amendment) so the operating subsidiary, Gastar Exploration USA, can issue 8.625% Series A Cumulative Preferred Stock and pay dividends on it (cash dividends capped at $10 million a year, and only if no default exists and unused borrowing room is at least 10% of the borrowing base). The company also announced a public offering of 600,000 preferred shares ($25.00 liquidation preference each), with proceeds intended to repay revolver borrowings used for capital spending. This is a new way of raising money, in addition to the revolver, and the preferred ranks ahead of common shareholders for payments.
9 June 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. director Floyd R Price had 938 shares withheld for taxes on vesting stock.
3 June 2011agm notice● Neutral
GASTAR EXPLORATION, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 June 2011production update● NeutralMajor
In a June 2, 2011 operational update, Gastar said it finished drilling two horizontal Marcellus wells (Wengerd 1H and 7H, 50% working interest), with fracturing from mid-June and first production expected by early August. It plans a 2011 Marcellus budget of $141M gross, of which Gastar contributes $19M thanks to the Atinum carry. In East Texas, the Belin #2 well is producing only about 1 MMCFD gross from two lower Bossier zones, which the CEO called disappointing, while Belin #3 is drilling and no other Bossier wells are planned for 2011. The earlier plan for multiple further Bossier wells is thus pared back, and the Marcellus becomes the focus.
23 May 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Executive Officer & Pres J Russell Porter had 3,968 shares withheld for taxes on vesting stock.
23 May 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. director Robert David Penner had 1,333 shares withheld for taxes on vesting stock.
23 May 2011director interest notice● Neutral
GASTAR EXPLORATION, INC. Chief Financial Officer & VP Michael A Gerlich had 2,645 shares withheld for taxes on vesting stock.