Gastar Exploration Issues Senior Note Offering

Gastar Exploration is offering $100 million of new senior secured notes due 2012. The net proceeds of the offering will be used to repay existing indebtedness and for general corporate purposes.

The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the "Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act and applicable state laws.