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officer: Secretary and Treasurer until June 23rd, 2011
officer: Chief Financial Officer & VP until September 4th, 2013
Gastar Exploration Inc. – UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION CASE NAME: Gastar Exploration Inc., et al. PETITION DATE: 10/31/2018 CASE NUMBER: 18-36057 MONTHLY OPERATING REPORT NOTES FOR NOVEMBER 2018 Note 1 Note 2 Note 3 Note 4 Debtor-in-Possession Financial Statements - The accompanying schedules MOR-1 through MOR-9 and the supplemental exhibits contained herein are unaudited, preliminary, and may not comply with generally accepted accounting principles in the United States of America ("U.S. GAAP") in all material respects. In addition, the financial statements and the suppleme (January 4th, 2019)
Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Investor Relations 713-529-6600 / lelliott@DennardLascar.com (November 14th, 2018)

Net loss attributable to Gastar’s common stockholders for the third quarter of 2018 was $21.1 million, or a loss of $0.10 per share, compared to a third quarter 2017 net loss of $15.9 million, or a loss of $0.08 per share.  Adjusted net loss attributable to common stockholders for the third quarter of 2018 was $13.8 million, or a loss of $0.07 per share, which excludes $5.4 million of strategic review and restructuring costs, $2.3 million of employee and management retention bonus, and a gain of $433,000 resulting from the mark-to-market of outstanding hedge positions.  This compares to an adjusted net loss of $11.2 million, or a loss of $0.05 per share, for the third quarter of 2017 which excludes a $4.7 million loss resulting from the mark-to-market of outstanding hedge positions.  The increase in the adjusted net loss is primarily due to a $1.4 million increase in depreciation, depletion and amortization resulting from the sale of the Company’s West Edmund Hunton Lime Unit (“WEHLU”)

Gastar Exploration Inc. – GASTAR EXPLORATION INC. (October 29th, 2018)

This letter agreement (this “Amendment”) amends that certain retention bonus agreement letter (the “Retention Bonus Agreement Letter”), dated August 31, 2018, by and between you and Gastar Exploration Inc. (the “Company”). Capitalized terms used and not defined herein have the meanings set forth in the Retention Bonus Agreement Letter.

Gastar Exploration Inc. – AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (October 29th, 2018)

THIS AMENDMENT NO. 1 (this “Amendment”), is dated as of October 22, 2018 (the “Effective Date”) and amends the Employment Agreement (the “Agreement”) by and between Michael Gerlich (“Executive”) and Gastar Exploration Inc. (the “Company”) effective as of September 10, 2018. Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Agreement.

Gastar Exploration Inc. – EMPLOYMENT AGREEMENT (September 13th, 2018)

This EMPLOYMENT AGREEMENT (this "Agreement") is hereby entered into as of August 31, 2018 between Gastar Exploration Inc. (the "Company") and Michael A. Gerlich ("Executive"). This Agreement shall be effective as of the date of execution by the parties (the "Effective Date").

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@DennardLascar.com Dennard-Lascar Investor Relations: 713-529-6600 (September 10th, 2018)

This news release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Forward looking statements express our current expectations, opinion, belief or forecasts of future events and performance.  A statement identified by the use of forward looking words including "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "will," "should," and certain of the other foregoing statements may be deemed forward-looking statements.  Although Gastar believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release.  These include risks described in Gastar's Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange C

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@DennardLascar.com Dennard-Lascar Investor Relations: 713-529-6600 (September 10th, 2018)

This news release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Forward looking statements express our current expectations, opinion, belief or forecasts of future events and performance.  A statement identified by the use of forward looking words including "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "will," "should," and certain of the other foregoing statements may be deemed forward-looking statements.  Although Gastar believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@DennardLascar.com Dennard-Lascar Investor Relations: 713-529-6600 (September 6th, 2018)

HOUSTON, September 6, 2018 – Gastar Exploration Inc. (NYSE American: GST) (“Gastar”) today announced that it received notification from the NYSE American LLC (“NYSE”) that the NYSE has suspended trading of the Company’s common stock on the exchange due to its abnormally low trading price. The Company’s following two preferred stock issues listed on the NYSE have also been suspended from trading on the exchange:

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@DennardLascar.com Dennard-Lascar Investor Relations: 713-529-6600 (August 30th, 2018)

HOUSTON, August 29, 2018 – Gastar Exploration Inc. (NYSE American: GST) (“Gastar” or the “Company”) announced today that, on August 28, 2018, it received a deficiency letter from the NYSE American stock exchange informing the Company of its non-compliance with continued listing standards because the Company’s common stock has been selling for a low price per share for a substantial period of time. The NYSE American staff determined that the Company’s continued listing on the exchange is predicated on it effecting a reverse stock split of its common stock or otherwise demonstrating sustained price improvement within a reasonable period of time, which the staff determined to be no later than February 28, 2019.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Investor Relations 713-529-6600 / lelliott@DennardLascar.com (August 9th, 2018)

Net loss attributable to Gastar’s common stockholders for the second quarter of 2018 was $39.4 million, or a loss of $0.19 per share, compared to a second quarter 2017 net loss of $6.4 million, or a loss of $0.03 per share.  Adjusted net loss attributable to common stockholders for the second quarter of 2018 was $15.3 million, or a loss of $0.07 per share, excluding the impact of an $18.0 million non-cash, pre-tax ceiling test impairment charge and a $6.1 million loss resulting from the mark-to-market of outstanding hedge positions compared to an adjusted net loss of $9.8 million, or a loss of $0.05 per share, for the second quarter of 2017 which excludes $3.4 million of gains resulting from the mark-to-market of outstanding hedge positions. The increase in the adjusted net loss is due to the sale of the Company’s West Edmund Hunton Lime Unit (“WEHLU”) assets in February 2018 coupled with increased interest and depreciation, depletion and amortization  expense.  (See the accompanying r

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Investor Relations 713-529-6600 / lelliott@DennardLascar.com (August 1st, 2018)

As previously announced, the board of directors of Gastar (the “Board”) has appointed Jerry R. Schuyler, Randolph C. Coley and Harry Quarls to serve as members of a Board committee tasked with exploring financial, transactional, and strategic alternatives, including a potential restructuring of Gastar’s balance sheet.

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@dennardlascar.com Dennard Lascar Investor Relations: 713-529-6600 (June 11th, 2018)

The dividend on the Series A Preferred Stock and Series B Preferred Stock is payable on July 2, 2018 to holders of record at the close of business on June 22, 2018.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Investor Relations 713-529-6600 / lelliott@DennardLascar.com (May 10th, 2018)

Became a pure Oklahoma STACK Play operator with the sale of the West Edmund Hunton Lime Unit (“WEHLU”) assets, which closed February 28, 2018.

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@dennardlascar.com Dennard Lascar Investor Relations: 713-529-6600 (May 10th, 2018)

The dividend on the Series A Preferred Stock and Series B Preferred Stock is payable on May 31, 2018 to holders of record at the close of business on May 21, 2018.

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@dennardlascar.com Dennard Lascar Investor Relations: 713-529-6600 (April 9th, 2018)

HOUSTON, April 9, 2018 – Gastar Exploration Inc. (NYSE American: GST) (“Gastar”) announced today that it has declared special cash dividends on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") and its 10.75% Series B Preferred Stock ("Series B Preferred Stock") to pay in full all accumulated and unpaid cash dividends on both of its outstanding series of preferred stock. Primarily in response to the decline in oil prices and to preserve liquidity, Gastar had previously suspended the payment of monthly cash dividends on both outstanding series of its preferred stock as of August 1, 2017. The total amount of the declared dividend payments is approximately $10.9 million.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Investor Relations 713-529-6600 / lelliott@DennardLascar.com (March 15th, 2018)

Average daily production of 6,900 barrels of oil equivalent (“Boe”) per day (“Boe/d”), a 17% increase over fourth quarter 2016 and an 11% increase over third quarter 2017

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@dennardlascar.com Dennard Lascar Investor Relations: 713-529-6600 (March 5th, 2018)

Michael A. Gerlich, Gastar's Senior Vice President and Chief Financial Officer, commented, “The completion of this asset divestiture allows Gastar to redirect funds from a non-core asset to the drilling of operated Osage and Meramec wells on our 67,000 net surface acres in our core STACK position.  This level of activity will allow us to continue to both delineate our acreage for the Osage and Meramec formations as well as hold our acreage by production.”

Gastar Exploration Inc. – NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / rporter@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@DennardLascar.com Dennard-Lascar Investor Relations: 713-529-6600 (February 27th, 2018)

HOUSTON, February 27, 2017 – Gastar Exploration Inc. (NYSE American: GST) (“Gastar” or the “Company”) today announced that J. Russell Porter, President and CEO, will be leaving the Company.  The Board of Directors has appointed Jerry Schuyler, Gastar’s Chairman of the Board of Directors, as interim CEO, effective immediately.  Gastar has initiated a search to fill the permanent position of President and CEO.  Mr. Porter will remain with Gastar during a transitional period in which he will assist Mr. Schuyler as well as remain available to the Company on a consulting basis.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (November 8th, 2017)

completion operations on September 3, 2017, we have completed 5 wells using the new Gen 3 design, with most of them on flow back for less than 30 days.  Compared to wells completed with the previous design, these Gen 3 wells are producing significantly more total fluid volumes in the initial flow back stage with hydrocarbon volumes increasing.”

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (August 3rd, 2017)

delay will allow us to implement refinements to our completion approach that are expected to improve production performance.  We have already initiated enhancements and modifications to our drilling practices that have improved drilling times, eliminated certain drilling issues and reduced inefficiencies and costs.  As we make similar changes to our completions, I expect much improved total drilling and completion costs as well as production performance that should be evident over the second half of this year.”

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (May 10th, 2017)

Replaced revolving credit facility and redeemed senior secured notes due 2018 with proceeds from new debt and equity financing from Ares Management LLC (“Ares”) with maturity of March 2022

Gastar Exploration Inc. – Gastar Exploration Stockholders Approve Convertible Notes and Exchange; Company Reschedules First Quarter 2017 Earnings Release and Conference Call (May 4th, 2017)

The stockholder proposal also approved the issuance of 25,456,521 shares of common stock to Ares funds in exchange for the retirement of $37.5 million outstanding principal of the Notes, reducing the total outstanding principal of the Notes to $162.5 million. The Ares funds will also be issued shares of a special voting preferred stock in the exchange entitling the Ares funds, qualified subsequent holders and their respective affiliates collectively meeting certain beneficial ownership standards, to elect up to two directors of the Company. The exchange is expected to be completed within the week.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (March 10th, 2017)

transaction will allow us to increase our drilling activity beyond the Development Agreement area and in early March, we added a third rig to focus on our acreage outside of the joint venture contract area.  Our drilling program will provide valuable information regarding the productivity of the Meramec and Osage formations on our acreage.  Our objectives in 2017 will be holding leases by production and delineating our acreage for both the Meramec and Osage formations.  We expect that by year end we will have de-risked a significant portion of our net acreage position in Oklahoma as related to these two formations,” concluded Porter.

Gastar Exploration Inc. – Gastar Exploration Inc. Declares Special Cash Dividends on 8.625% Series A Preferred Stock and 10.75% Series B Preferred Stock; Enters Into Related Amendment of Credit Agreement (January 11th, 2017)

HOUSTON, January 10, 2016 -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it has declared special cash dividends on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") and its 10.75% Series B Preferred Stock ("Series B Preferred Stock") to pay in full all accumulated and unpaid cash dividends on both of its outstanding series of preferred stock. Due to covenant restrictions under its credit agreement, Gastar had previously suspended the payment of monthly cash dividends on both outstanding series of its preferred stock as of April 1, 2016. The total amount of the declared dividend payments is approximately $12.1 million.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates 713-529-6600 / lelliott@dennardlascar.com (November 3rd, 2016)

Net loss attributable to Gastar’s common stockholders for the third quarter of 2016 was $3.8 million, or a loss of $0.03 per share.  This compares to a third quarter 2015 net loss of $191.8 million, or a loss of $2.47 per share.  Adjusted net loss attributable to common stockholders for the third quarter of 2016 was $10.7 million, or a loss of $0.08 per share, excluding the impact of a $10.1 million litigation settlement benefit, a $3.1 million loss resulting from the mark-to-market of outstanding hedge positions and other special items, as compared to a third quarter 2015 adjusted net loss of $13.9 million, or a loss of $0.18 per share, excluding the impact of a $182.0 million non-cash, pre-tax ceiling test impairment charge, a $4.5 million gain resulting from the mark-to-market of outstanding hedge positions and other special items. (See the accompanying reconciliation of net loss to net loss excluding special items at the end of this news release.)

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (September 6th, 2016)

The Company currently has approximately $40.6 million in available cash and cash equivalents and, after giving pro forma effect to receipt of the settlement funds, will have $50.7 million in available cash and cash equivalents.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (August 4th, 2016)

Net loss attributable to Gastar’s common stockholders for the second quarter of 2016 was $18.1 million, or a loss of $0.17 per share.  This compares to a second quarter 2015 net loss of $118.0 million, or a loss of $1.52 per share.  Adjusted net loss attributable to common stockholders for the second quarter of 2016 was $12.5 million, or a loss of $0.12 per share, excluding the impact of a $3.3 million loss resulting from the mark-to-market of outstanding hedge positions, a $2.0 million allowance for bad debt related to a third-party production purchaser’s bankruptcy and other special items as compared to a second quarter 2015 adjusted net loss of $10.1 million, or a loss of $0.13 per share, excluding the impact of a $100.2 million non-cash, pre-tax ceiling test impairment charge and a $7.8 million loss resulting from the mark-to-market of outstanding hedge positions. (See the accompanying reconciliation of net loss to net loss excluding special items at the end of this news release.)

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (May 5th, 2016)

Net loss attributable to Gastar’s common stockholders for the first quarter of 2016 was $73.5 million, or a loss of $0.93 per share. Adjusted net loss attributable to common stockholders for the first quarter of 2016 was $17.7 million, or a loss of $0.22 per share, excluding the impact of a $48.5 million non-cash, pre-tax ceiling test impairment charge, a $6.5 million loss resulting from the mark-to-market of outstanding hedge positions and other special items.  This compares to a first quarter 2015 net loss of $3.0 million, or $0.04 per share, and first quarter 2015 adjusted net loss of $7.3 million, or $0.09 per share, excluding the impact of a $4.3 million gain resulting from the mark-to-market of outstanding hedge positions. (See the accompanying reconciliation of net loss to net loss excluding special items at the end of this news release.)

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (March 10th, 2016)

Net loss attributable to Gastar’s common stockholders for the fourth quarter of 2015 was $161.1 million, or a loss of $2.07 per share. Adjusted net loss attributable to common stockholders for the fourth quarter of 2015 was $12.6 million, or a loss of $0.16 per share, excluding the impact of a $144.8 million non-cash, pre-tax ceiling test impairment charge, a $2.9 million loss resulting from the mark-to-market of outstanding hedge positions, $590,000 of non-recurring costs related to our Mid-Continent acquisition and $310,000 of severance costs related to property divestment.  This compares to fourth quarter 2014 net income of $26.7 million, or $0.34 per diluted share, and fourth quarter 2014 adjusted net income of $1.8 million, or $0.02 per diluted share, excluding the impact of a $24.9 million gain resulting from the mark-to-market of outstanding hedge positions. (See the accompanying reconciliation of net (loss) income to net (loss) income excluding special items at the end of this

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts: Gastar Exploration Inc. Michael A. Gerlich, Chief Financial Officer 713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (November 5th, 2015)

HOUSTON, November 5, 2015 - Gastar Exploration Inc. (NYSE MKT: GST) (“Gastar”) today reported financial and operating results for the three and nine months ended September 30, 2015.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts:Gastar Exploration Inc.Michael A. Gerlich, Chief Financial Officer713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott / lelliott@DennardLascar.comDennard-Lascar Associates: 713-529-6600 (August 31st, 2015)

HOUSTON, August 31, 2015 - Gastar Exploration Inc. (NYSE MKT: GST) (“Gastar”) today announced that it has completed its second scheduled borrowing base redetermination of its revolving credit facility for 2015 and, as a result, the borrowing base has been reaffirmed by the lending participants at $200.0 million. Currently, Gastar has drawn $65.0 million under its revolving credit facility, resulting in $135.0 million of unused borrowing capacity. The next scheduled borrowing base redetermination is to occur by May 1, 2016.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts:Gastar Exploration Inc.Michael A. Gerlich, Chief Financial Officer713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (August 6th, 2015)

Substantially Increased Average Type Curve Estimated Ultimate Recovery and Enhanced Internal Rate of Return Outlook for Upper Hunton Wells on WEHLU Acreage

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts:Gastar Exploration Inc.Michael A. Gerlich, Chief Financial Officer713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (May 7th, 2015)

HOUSTON, May 7, 2015 - Gastar Exploration Inc. (NYSE MKT: GST) (“Gastar”) today reported financial and operating results for the three months ended March 31, 2015.

Gastar Exploration Inc. – THIRD AMENDMENT TO EMPLOYMENT AGREEMENT (March 12th, 2015)

THIS THIRD AMENDMENT TO EMPLOYMENT AGREEMENT is entered into by and between Gastar Exploration Inc. (f/k/a Gastar Exploration USA, Inc. and successor in interest to Gastar Exploration, Inc. (f/k/a Gastar Exploration Ltd.)), a Delaware corporation (the “Company”), and Michael A. Gerlich (“Gerlich”) as of March 10, 2015.

Gastar Exploration Inc. – For Immediate Release NEWS RELEASE Contacts:Gastar Exploration Inc.Michael A. Gerlich, Chief Financial Officer713-739-1800 / mgerlich@gastar.com Investor Relations Counsel: Lisa Elliott, Dennard▪Lascar Associates: 713-529-6600 / lelliott@DennardLascar.com (March 12th, 2015)

HOUSTON, March 12, 2015 - Gastar Exploration Inc. (NYSE MKT: GST) (“Gastar”) today reported financial and operating results for the three and twelve months ended December 31, 2014.