Gastar Leaving the Marcellus/Utica “on or before” April 8th
As MDN previously told you, Gastar Exploration has found a buyer for its Marcellus/Utica wells and leased acreage located mainly in Marshall and Wetzel counties in West Virginia--for $80 million (see Gastar Leaving Marcellus/Utica, Sells Assets to Tug Hill for $80M). Gastar expected the sale to be completed long before now--but ran into issues with one landowner. Gastar says it's all patched up now and the transaction will be complete "on or before" April 8th...
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