CASE STUDY: GASTAR EXPLORATION INC.

Gastar discovers a rich source of filing efficiency.

ActiveDisclosure enables Gastar to use less energy and file more accurately.

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Since I’m the only one who can file an SEC document at Gastar, it’s good to know that Donnelley Financial Solutions always has someone available to file on our behalf in the event that I can’t.

Heather Taylor, Manager, SEC Reporting and
Risk Management, Gastar Exploration Inc.

Headquartered in Houston, Texas, Gastar Exploration Inc. is engaged in the exploration, development and production of oil and natural gas – often tapping unconventional reserves within the U.S.

Here’s how ActiveDisclosure helped Gastar file its Ks, Qs and proxy statements accurately:

Working smarter

Heather Taylor is Gastar’s Manager of SEC Reporting and Risk Management – and a recent convert to ActiveDisclosure. As the company’s sole reporting professional, she is eager to find more effective ways to file Gastar’s Ks, Qs and proxy statements.

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With Narrative Linking, I can tag one number in a paragraph, without setting up a separate tab in a separate workbook like my old software required.
It’s easy.

Heather Taylor, Manager, SEC Reporting and Risk Management, Gastar Exploration Inc.

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Easier is faster

“One of my favorite things about ActiveDisclosure is that I get an Excel workbook from our Director of Accounting and I can upload it directly into my document. With my previous software, I had to cut, paste and manually input the content. That was tedious and the results almost always needed reformatting – and correction,” says Taylor. “ActiveDisclosure saves me at least two hours of roll-forward and formatting time per filing.”

No anxiety

“The ActiveDisclosure XBRL reviewer’s guide is superior as well. Everything is all in one place and the guide indicates which tags need attention – and it leaves an audit trail so I always know where I am in the process. With my other software, I had to review every tag. And, frankly, I did not have the time,” says Taylor. “Now I feel a lot more confident that I have completely verified the accuracy of the tags within the filing.”

Got your back

“My service team is exceptional,” says Taylor. “They are incredibly responsive and provide a second set of eyes – catching things that I may not have seen and helping to prevent an amended filing.”

Why choose ActiveDisclosure?

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Streamlined process

Narrative Linking makes it simple to tag a number within a paragraph – without setting up a workbook.

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Updates made with ease

ActiveLink eliminates the hours required to manually load data into other formats.

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Expertise in your corner

The ActiveDisclosure team provides invaluable insight, XBRL review and the ability to file if needed.

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