Gastar Hits Ch. 11 With Plan To Erase $300M In Debt

By Rick Archer ( November 1, 2018, 6:23 PM EDT) -- Oil and gas producer Gastar Exploration Inc. has filed for Chapter 11 in a Texas bankruptcy court, saying it is the latest victim of the depressed oil and gas market and is seeking to enact a prepackaged restructuring to shed $300 million in debt. . . .

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