Gastar Elects New Chairman of BOD

Gastar announced that effective immediately Mr. Floyd R. Price has been elected Chairman of Gastar's Board of Directors replacing Mr. John Rooney who stepped down as Chairman due to the increased demands related to his role with Northern Blizzard Resources, Inc. Mr. Rooney continues to serve as a director on Gastar's Board.

Mr. Price was elected to Gastar's Board of Directors in June 2010. He recently retired from Apache Corporation where he most recently served as Executive Vice President and Exploration Officer of Apache Corporation. He also held previous positions in Apache as Executive Vice President – Eurasia, Latin America and New Ventures, Executive Vice President – Canada, President of Apache Canada, Ltd. and as President of Apache's international exploration and production subsidiaries. Mr. Price is a member of the American Association of Petroleum Geologists and serves on the Board of Trustees for the American Geological Institute Foundation. Mr. Price holds a Bachelors of Arts degree in Geology from Rutgers College and a Masters of Science degree in Geology from the University of Michigan. Price is currently the Chairman of the Board of Directors of Tamarack Valley Energy and also serves on the Board of Source Energy.


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