HOUSTON,
June 26, 2017
/PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST)
("Gastar") announced today that it has become a member of The
Russell 2000® Index, which was reconstituted effective at market
close on Friday, June
23rd. In order to maintain indexes that are
representative of global equity markets, Russell annually
rebalances the entire Russell family of indexes.
All Russell US Indexes are subsets of the Russell 3000®
Index, which includes the large cap Russell 1000® Index and small
cap Russell 2000® Index. Russell is a source for index data
and a default reference for investors all around the world and are
widely used by investment managers and institutional investors as
benchmarks for both passive and active investment strategies.
The Russell US Indexes are designed as the building blocks of a
broad range of financial products, such as index tracking funds,
derivatives and Exchange Traded Funds (ETFs), as well as being
performance benchmarks.
For more information about the Russell US Indexes, please
visit
http://www.ftse.com/products/indices/russell-us
About Gastar Exploration
Gastar
Exploration Inc. is a pure play Mid-Continent independent energy
company engaged in the exploration, development and production of
oil, condensate, natural gas and natural gas liquids. Gastar's
principal business activities include the identification,
acquisition, and subsequent exploration and development of oil and
natural gas properties with an emphasis on unconventional reserves,
such as shale resource plays. Gastar holds a concentrated acreage
position in what is believed to be the core of the STACK Play, an
area of central Oklahoma which is
home to multiple oil and natural gas-rich reservoirs including the
Meramec, Oswego, Osage,
Woodford and Hunton formations.
For more information, visit Gastar's website at
www.gastar.com.
Contacts:
Gastar Exploration Inc.
J. Russell Porter, President &
Chief Executive Officer
713-739-1800 / rporter@gastar.com
Investor Relations Counsel:
Lisa Elliott, Dennard-Lascar
Associates:
713-529-6600 / lelliott@DennardLascar.com
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SOURCE Gastar Exploration Inc.