PostRock Energy Corporation acquired approximately 4,300 net acres of leasehold in northern Lincoln and southern Payne Counties for $1.9 million.

PostRock Energy Corporation (NasdaqGM:PSTR) acquired approximately 4,300 net acres of leasehold in northern Lincoln and southern Payne Counties for $1.9 million in cash and stock on May 30, 2013. PostRock paid $1.7 million of cash and issued 0.13 million shares of its common stock as consideration. The cash was funded with borrowings under PostRock's bank revolver.

PostRock Energy Corporation (NasdaqGM:PSTR) completed the acquisition of approximately 4,300 net acres of leasehold in northern Lincoln and southern Payne Counties on May 30, 2013.