Gastar Exploration Announces Third Quarter Earnings and Conference Call Schedule

    HOUSTON, October 25 /CNW/ - Gastar Exploration Ltd. (AMEX:  GST) and
(TSX:YGA) announced today that it will release its third quarter 2007 results
on Wednesday, November 7, 2007 before the market opens. In conjunction with
the release, Gastar has scheduled a conference call, which will be broadcast
live over the Internet, for Wednesday, November 7, 2007 at 2:00 p.m. Eastern
Time (1:00 p.m. Central).

        What:   Gastar's Third Quarter 2007 Earnings Conference Call
        When:   Wednesday, November 7, 2007 - 2:00 p.m. Eastern Time
        How:    Live via phone - By dialing (303) 262-2141 and asking for
                 the Gastar call at least 10 minutes prior to the start
                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 November 14, 2007, and may be accessed by calling (303)
590-3000, using pass code 11100386. Also, an archive of the webcast will be
available shortly after the call on the Company's website at
for at least 90 days.

    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 lower risk coalbed methane (CBM) development. The
Company owns and operates exploration and development acreage in the deep
Bossier gas play of East Texas. Gastar's CBM activities are conducted within
the Powder River Basin of Wyoming and on approximately 5 million gross acres
controlled by Gastar and its joint development partners in Australia's
Gunnedah Basin, PEL 238, 433 and 434, located in New South Wales, and the
Gippsland Basin, EL 4416, located in Victoria. For more information, visit our
web site at

For further information:

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

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