Gastar Exploration Inc. - 2016-05-12

Priced a public offering of 50 million common shares at 95 cents each, upsized from a previous offering of 40 million shares. Underwriters received month-long option to purchase 7.5 million additional shares.Net proceeds will support general corporate purposes, including Stack play drilling. Seaport Global Securities LLC and Johnson Rice & Co. LLC are joint book-running managers.