Gastar Exploration reported a whopping 81% increase to proved reserves in 2013, landing at 327.8 Bcfe primarily driven by organic Marcellus and Hunton Limestone drilling successes, and supported by acquisitions. In the process, Gastar shifted its portfolio more heavily into liquids, rising from YE12's 28% to 45% crude and NGLs. PV-10 increased at an even faster rate than reserves, up 187% to $592.5 million due to both high value reserve growth and increases in......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.