0001140361-07-009905 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • May 15th, 2007 • Gastar Exploration LTD • Crude petroleum & natural gas • Texas

REGISTRATION RIGHTS AGREEMENT (this "Agreement"), dated as of May 9, 2007, by and between Gastar Exploration Ltd., an Alberta, Canada corporation (the "Company"), and Navasota Resources, L.P., a [Texas] limited partnership (the "Purchaser").

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RATIFICATION AND ASSUMPTION
Ratification and Assumption • May 15th, 2007 • Gastar Exploration LTD • Crude petroleum & natural gas

This Ratification and Assumption Agreement ("Agreement") is by and between Gastar Exploration Ltd. and Gastar Exploration Texas LP (collectively the "Sellers") and Navasota Resources, LP (the "Buyer").

COMMON SHARE PURCHASE AGREEMENT between GASTAR EXPLORATION LTD. and NAVASOTA RESOURCES, L.P. dated as of May 9, 2007
Common Share Purchase Agreement • May 15th, 2007 • Gastar Exploration LTD • Crude petroleum & natural gas • Texas

THIS COMMON SHARE PURCHASE AGREEMENT, dated effective as of May 9, 2007 (“Agreement”), between Navasota Resources, L.P., a [Texas] limited partnerhsip (the “Purchaser”) and GASTAR EXPLORATION LTD., an Alberta corporation (the “Company”).

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