Gastar Exploration Inc. has a new financial partner in Ares Management LP, announcing last week that the investment firm has agreed to provide $425 million to help refinance its balance sheet and provide the liquidity the company needs to continue de-risking its Midcontinent assets.
Osage
Articles from Osage
EPA Orders Shutdown of More Disposal Wells Near Site of Record Oklahoma Quake
Four days after the largest earthquake in Oklahoma state history struck Pawnee County, the U.S. Environmental Protection Agency (EPA) ordered the shutdown of 17 disposal wells in neighboring Osage County.
September 8, 2016
Gastar Turning Drillbit to Delineate STACK
After exiting the Appalachian Basin earlier in the year, Gastar Exploration Inc. plans to spend the rest of 2016 delineating its multiple reservoirs within Oklahoma’s Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties, more commonly known as the STACK.
August 10, 2016
Ruling in Oklahoma County Could Affect Industry, Other Cases
In a ruling that could affect every oil and gas well drilled in Osage County, OK, since 1970, a federal district court judge invalidated a lease and two drilling permits on tribal land on the grounds that federal agencies failed to comply with the National Environmental Policy Act (NEPA) before issuing them.
December 31, 2015
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