UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 18, 2008 (March 17, 2008)


GASTAR EXPLORATION LTD.
(Exact Name of Registrant as Specified in Its Charter)

ALBERTA, CANADA

001-32714

98-0570897

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)


1331 LAMAR STREET, SUITE 1080
HOUSTON, TEXAS 77010

(Address of principal executive offices)

(713) 739-1800
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




SECTION 2 – FINANCIAL INFORMATION

ITEM 2.02  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On March 17, 2008, Gastar Exploration Ltd. (the "Company") issued a press release containing the results of operations for the three months and year ended December 31, 2007. A copy of the Company’s press release, dated March 17, 2008, including such information is included herein as Exhibit 99.1 hereto and is being furnished solely pursuant to, this Item 2.02.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS.

(d)      Exhibits

Exhibits (furnished pursuant to Item 2.02 and not deemed filed with the Securities and Exchange Commission).

Exhibit No.

 

Description of Document

 
99.1 Press release dated March 17, 2008 reporting results of operations for the three months and year ended December 31, 2007.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

GASTAR EXPLORATION LTD.

 

 

 

Date: March 18, 2008 By:

/s/ J. RUSSELL PORTER

J. Russell Porter

President and Chief Executive Officer

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EXHIBIT INDEX

Exhibit
Number

  Description
99.1

Press release dated March 17, 2008 reporting results of operations for the three months and year ended December 31, 2007.

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