NEW YORK, Jan. 5 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of Gastar Exploration Limited, under the ticker symbol GST. Houston, Texas-based 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 strategy combining select higher risk, deep natural gas exploration prospects with low-risk, coal bed methane (CBM) development. Gastar owns and controls exploration and development acreage in the Deep Bossier gas play of East Texas and in the deep Trenton-Black River play in the Appalachian Basin. "Gastar Exploration is one of the many production companies that have chosen to list on the American Stock Exchange this year, and we are excited to have them," said John McGonegal, vice president of the Amex Equities Group. "As a growing company, Gastar needs a listing venue that will help them achieve the next stage of their development, and the Amex looks forward to filling that role." J. Russell Porter, Gastar's president & chief executive officer, said, "The listing of Gastar's shares on a U.S. exchange is an important milestone in Gastar's development. By registering and listing Gastar in the U.S., we believe that we will create additional liquidity for our existing shareholders and make Gastar's common shares available to a wider audience of potential investors." Gastar has chosen Kellogg Capital Group as its specialist. For further information on GST and other Amex-listed companies, please visit http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 150 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: American Stock Exchange CONTACT: Javier E. David, American Stock Exchange, +1-212-306-1440, Web site: http://www.amex.com/

Copyright