Exhibit 99.1
| | NEWS RELEASE |
| |
| Company Contact: |
| Gastar Exploration Ltd. |
| J. Russell Porter, Chief Executive Officer |
| 713-739-1800 / rporter@gastar.com |
| |
| Investor Relations Counsel: |
| Lisa Elliott / Anne Pearson |
FOR IMMEDIATE RELEASE | | DRG&E : 713-529-6600 |
| | lelliott@drg-e.com/ apearson@drg-e.com |
GASTAR EXPLORATION IS ADDED
TO THE RUSSELL 2000 INDEX
HOUSTON, June 28, 2010 - Gastar Exploration Ltd. (NYSE AMEX: GST) announced today that it has become a member of The Russell 2000 Index, which was reconstituted effective at market close on Friday, June 25th. In order to maintain indexes that are representative of global equity markets, Russell annually rebalances the entire Russell family of indexes.
About Gastar Exploration
Gastar Exploration Ltd. is an exploration and production company focused on finding and developing natural gas assets in North America. The Company pursues a strategy combining deep natural gas exploration and development with lower risk CBM and shale resource development. The Company owns and operates exploration and development acreage in the deep Bossier gas play of East Texas and Marcellus Shale play in West Virginia and Pennsylvania. Gastar’s CBM activities are conducted within the Powder River Basin of Wyoming. For more information, visit our web site at www.gastar.com.
The NYSE Amex has not reviewed and does not accept responsibility for the adequacy of this release.
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