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Gastem is a Quebec-based oil and gas exploration and development company holding exploration and storage rights to over 1.1 million acres of land in the St. Lawrence Lowlands, the Gaspe Peninsula and the Magdalen Islands in Quebec. A Gastem wholly owned subsidiary, Gastem USA, holds exploration licenses to approximately 34,400 acres in New York State and 1,200 acres in Virginia. Gastem was incorporated under the Canada Business Corporations Act in 2002 and listed on the TMX-Venture Exchange in January 2004 (GMR, TMX-V). Gastem USA was incorporated in 2007 in the State of Delaware.
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