Gastar Exploration Ltd. (NYSE: GST) has elected John M. Selser to its board of directors.

Selser replaces Floyd Price, who has resigned from Gastar's Board due to the increased demands related to his board positions with several other public and private exploration and production companies, according to the release.

Selser has served as managing director of IBERIA Capital Partners LLC, a subsidiary of IBERIA Bank Corp. He has also been a partner at Maple Leaf Partners, an equity analyst at Howard Weil Incorporated, Lehman Brothers Holdings Inc. and Johnson Rice ...