-Gastar Exploration Ltd and JV partner lease 3,300 gross acres in Marshall County.
International Resource News-February 28, 2011--Gastar Exploration Ltd and JV partner lease 3,300 gross acres in Marshall County(C)1994-2011 ENPublishing - http://www.enpublishing.co.uk
International Resource News - 28 February 2011
Gastar Exploration Ltd (NYSE Amex: GST), an exploration and production company focused on finding and developing oil and natural gas assets in the United States, and its joint venture partner, Atinum Marcellus I LLC have leased around 3,300 gross acres in Marshall County, West Virginia.
The property has been leased to develop the liquids-rich Marcellus Shale formation.
According to the joint venture contract, the company is to pay 45 percent of the lease acquisition cost for a 50 percent interest.
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((Distributed via M2 Communications - http://www.m2.com)).END.PUB430>PDFebruary 28, 2011>JNINTERNATIONAL RESOURCE NEWS.PRICEDATENOT APPLICABLE.DAY
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|Publication:||International Resource News (IRN)|
|Date:||Feb 28, 2011|
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