Gastar Exploration, Ltd.

Gastar Exploration, Ltd.

January 05, 2005 09:11 ET

Gastar Exploration Ltd. to Present at Pritchard Capital Partner's Energize 2005 Conference


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: GASTAR EXPLORATION, LTD.

TSX SYMBOL: YGA
OTC Bulletin Board SYMBOL: GSREF.PK

JANUARY 5, 2005 - 09:11 ET

Gastar Exploration Ltd. to Present at Pritchard
Capital Partner's Energize 2005 Conference

MT. PLEASANT, MICHIGAN--(CCNMatthews - Jan. 5, 2005) - Gastar
Exploration, Ltd. (TSX:YGA) (OTCBB:GSREF.PK) will present at Pritchard
Capital Partner's Conference, Energize 2005: New Year, New Paradigms, on
Wednesday, January 5, 2005, at 10:45 a.m. (PST). The Conference will be
held at the Omni Hotel, 500 California Street, San Francisco,
California. Executive level managements from over 35 of the world's
leading and emerging energy companies will present at the conference.

J. Russell Porter, President and CEO, will discuss Gastar's recent
developments in East Texas and New South Wales, Australia. The
presentation will also cover Gastar's expected activities for 2005.

Gastar Exploration, Ltd. is an exploration and production company
focused on finding and developing natural gas assets in North America
and Australia. The Company pursues a balanced strategy combining
low-risk CBM development with select higher risk, deep natural gas
exploration prospects. Gastar's CBM activities are conducted within the
Powder River Basin of Wyoming and upon approximately 4 million acres
controlled by Gastar and its Joint Development partners in Australia's
Gunnedah Basin, PEL 238 and Gastar's Gippsland Basins located in New
South Wales and Victoria respectively. The Company owns and controls
exploration and development acreage in the Deep Bossier Hilltop Sand gas
play of East Texas and in the deep Trenton-Black River play in the
Appalachian Basin.

Pritchard Capital Partners, LLC is a New Orleans energy investment
research boutique. It provides independent research to institutional
investors on matters related to all segments of the energy industry:
oil, natural gas and power. Its daily product, The Energy Day, is
consistently rated as one of the top industry investment pieces by
institutional investors. Their research focuses primarily on emerging
trends, proprietary intelligence and market moving information and data
that provide insight into energy companies' operations and prospects.
Pritchard has offices in New Orleans, New York and Atlanta and a team of
over 20 analysts and salespeople. The firm is a registered
broker-dealer, members of the NASD and SIPC.

Safe Harbor Statement and Disclaimer

This Press Release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Act of 1934. A statement identified by the words
"expects," "projects," "plans," and certain of the other foregoing
statements may be deemed "forward-looking statements." Although Gastar
believes that the expectations reflected in such forward-looking
statements are reasonable, these statements involve risks and
uncertainties that may cause actual future activities and results to be
materially different from those suggested or described in this press
release. These include risks inherent in the drilling of oil and natural
gas wells, including risks of fire, explosion, blowout, pipe failure,
casing collapse, unusual or unexpected formation pressures,
environmental hazards, and other operating and production risks inherent
in oil and natural gas drilling and production activities, which may
temporarily or permanently reduce production or cause initial production
or test results to not be indicative of future well performance or delay
the timing of sales or completion of drilling operations; risks with
respect to oil and natural gas prices, a material decline in which could
cause the Company to delay or suspend planned drilling operations or
reduce production levels; and risks relating to the availability of
capital to fund drilling operations that can be adversely affected by
adverse drilling results, production declines and declines in oil and
gas prices and other risk factors as described in the Company's Annual
Information Form filed as of May 2004, on the System for Electronic
Document Analysis and Retrieval (SEDAR) at www.sedar.com.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Gastar Exploration, Ltd.
    J. Russell Porter
    (989) 773-7050
    (989) 773-0006 (FAX)
    or
    Gastar Exploration, Ltd.
    2480 West Campus Drive, Bldg C
    Mt. Pleasant, MI 48858
    Email: rporter@gastar.com
    Website: www.gastar.com
    The Toronto Stock Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.