Gastar files $250 million shelf

By Jennifer Chiou

New York, April 13 - Gastar Exploration, Ltd. registered to sell up to $250 million of securities in an S-3 filing with the Securities and Exchange Commission.

Covered by the shelf are common shares, debt securities and guarantees of debt securities. Debt securities may be structured as convertibles.

The company said that proceeds will be used for general corporate purposes.

Gastar is a Houston-based exploration and production company focused on finding and developing natural gas assets in North America and Australia.

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