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| GST > SEC Filings for GST > Form 8-K on 2-Oct-2012 | All Recent SEC Filings |
2-Oct-2012
Other Events, Financial Statements and Exhibits
On October 1, 2012, Chesapeake Energy Corporation and its wholly-owned subsidiary Chesapeake Exploration L.L.C. (together, "Chesapeake") filed a lawsuit against Gastar Exploration Ltd. (the "Company") and certain of the Company's subsidiaries (collectively, "Gastar") in the U.S. District Court for the Southern District of Texas. The lawsuit is based on claims previously described in Gastar's Annual Report on Form 10-K for the year ended December 31, 2011. The lawsuit seeks rescission of certain transactions that closed in 2005 involving Gastar's Hilltop Prospect in Leon and Robertson Counties in Texas and an investment in Gastar's common stock by Chesapeake. In addition to its original initial investment of $81.6 million, Chesapeake is seeking reimbursement of additional lease and well costs allegedly expended by them. Gastar intends to vigorously defend itself against this lawsuit.
(d) Exhibits
The following is a list of exhibits furnished as part of this Form 8-K:
Exhibit No. Description of Document
99.1 Press release dated October 2, 2012.
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