Gastar Exploration Announces Second Quarter 2009 Earnings Release and Conference Call Schedule


    HOUSTON, July 23 /CNW/ -- Gastar Exploration Ltd. (NYSE Amex:   GST)
announced today that it will release its second quarter 2009 results on
Thursday, Aug. 6, after the market closes.  In conjunction with the release,
Gastar has scheduled a conference call for 10:00 a.m. Eastern Time on Friday,
Aug. 7, that will be broadcast live over the Internet.

    What:   Gastar's Second Quarter 2009 Earnings Conference Call

    When:   Friday, Aug. 7, 10:00 a.m. ET

    How:    Live via phone by dialing 480-629-9770 and asking for the Gastar
            call at least 10 minutes prior to the start time, or live over
            the Internet by logging on to the web at the address below.

    Where:  The webcast can be accessed from the
            investor relations home page.

    For those who cannot listen to the live call, a telephonic replay will be
available through Aug. 14 and may be accessed by calling 303-590-3030, using
pass code 4121583#.  Also, an archive of the webcast will be available shortly
after the call at

    About Gastar Exploration
    Gastar Exploration Ltd. is an exploration and production company focused
on finding and developing natural gas assets in North America.  The Company
pursues a strategy combining deep natural gas exploration and development with
lower risk CBM and shale resource development.  The Company owns and operates
exploration and development acreage in the deep Bossier gas play of East Texas
and Marcellus Shale play in West Virginia and Pennsylvania.  Gastar's CBM
activities are conducted within the Powder River Basin of Wyoming.  For more
information, visit our web site at

    Company Contact:
    Gastar Exploration Ltd.
    Michael Gerlich, Vice President and CFO
    713-739-1800 /

    Investor Relations Counsel:
    Lisa Elliott / Anne Pearson
    DRG&E  : 713-529-6600 /


For further information:

For further information: Michael Gerlich, Vice President and CFO of
Gastar Exploration Ltd., +1-713-739-1800,; or Investor
Relations Counsel, Lisa Elliott,, or Anne Pearson,, both of DRG&E, +1-713-529-6600, for Gastar Exploration
Ltd. Web Site:

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