Gastar Exploration posts $7.81 million loss for month ended Nov. 30

By Caroline Salls

Pittsburgh, Jan. 4 – Gastar Exploration Inc. reported a $7.81 million net loss for November on $7.64 million in revenue, according to its monthly operating report filed Friday with the Securities and Exchange Commission.

The company listed $15.52 million in cash as of Nov. 30.

Gastar Exploration is Houston-based oil and natural gas company. The company filed for bankruptcy on Oct. 31 in the U.S. Bankruptcy Court for the Southern District of Texas under Chapter 11 case number 18-36057.

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