Bus. Devt: Gastar Exploration – An Expanding Product (and Profit) Turnaround Story

Speaker: J. Russell Porter, President and Chief Operating Officer of Gastar Exploration
Speaker J. Russell Porter, President and Chief Operating Officer of Gastar Exploration
J. Russell Porter has been a member of Gastar’s Board and served as its President and Chief Executive Officer since February 2004. From August 2006 until January 2010, he also served as Chairman of the Board. From September 2000 to February 2004 he was the Chief Operating Officer of the ...

J. Russell Porter has been a member of Gastar’s Board and served as its President and Chief Executive Officer since February 2004. From August 2006 until January 2010, he also served as Chairman of the Board. From September 2000 to February 2004 he was the Chief Operating Officer of the Company. Mr. Porter has an energy focused background, with approximately 19 years of natural gas and oil exploration and production experience and five years of banking and investment experience specializing in the energy sector. From April 1994 to September 2000, Mr. Porter served as an Executive Vice President of Forcenergy, Inc., a publicly traded exploration and production company, where he was responsible for the acquisition and financing of the majority of its assets across the United States and Australia. He currently is a director of Caza Oil & Gas, Inc., a publicly traded exploration and development company listed on the Toronto Stock Exchange and the London AIM exchange. He also is a member of the Board of Directors of Petrel Energy ltd., a publicly traded Australian based E&P company with assets in Uruguay and Spain. Mr. Porter holds a Bachelor of Science degree in Petroleum Land Management from Louisiana State University and a MBA from the Kenan-Flagler School of Business at the University of North Carolina at Chapel Hill.

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Host and moderator: TBA

Join us at the Four Seasons Hotel as Russell Porter will update us on Gastar’s recent transformation. From a company with 100% natural gas production in 2010, to one receiving over 70% of its revenues from liquids and with a solid portfolio which creates one of the most attractive oil and gas investment opportunities in the US. A change driven by management vision, disciplined leasing, opportunistic property acquisitions and operational execution. Mr. Porter will review the latest events around Gastar’s position in Appalachia, both within the core Marcellus and its top notch rocks of the Utica / Point Pleasant formations. He will also fill us in on one of most interesting organic growth stories in the MidContinent targeting the Hunton Limestone. A formation that together with the Woodford Shale and the Meramec (what operators are calling the Stack Play), is currently receiving a renewed focus due to its strong, liquids-driven results.

We welcome you to join us for this informative discussion as well as the fellowship and networking of the popular Social Hour at 5:00 pm.

To pre-register for this event only, please go to   http://www.spegcs.org/events/2637/

When?

Wed, Dec. 3, 2014
5 p.m. - 7 p.m. US/Central

How Much?

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Where?

Four Seasons Hotel
1300 Lamar
Houston, Texas 77010
United States

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