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Gastar ups sale price of East Texas assets

Gastar Exploration has granted an extension to fellow US junior Cubic Energy to close its acquisition of the former’s oil and gas properties in East Texas.

Price markup: Cubic Energy has agreed to pay $47.25 million for Gastar Exploration's East Texas assets in an extension agreement
Price markup: Cubic Energy has agreed to pay $47.25 million for Gastar Exploration's East Texas assets in an extension agreement
Published 23 September 2013, 05:27Updated 11 October 2016, 14:07
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