Trans Energy Notes Production Results at Marcellus Well

Trans Energy announced that the first 30 days of production from its Stout #2H horizontal Marcellus well in Marshall County, West Virginia averaged 5,257 Mcfe per day and the rate of production on the 30th day was 4,677 Mcfe on a 25/64 choke.

The Company has completed the fracking of the Keaton #1H horizontal Marcellus well and is awaiting a pipeline connection and it is estimated that the Keaton #1H will be turned into a sales line around April 8.

The Company is currently fracking the Groves #1H horizontal Marcellus well and it is estimated that the Groves #1H will be turned into a sales line April 22. The Groves #1H was drilled with the longest lateral to date with a horizontal length of over 5,500 feet and is being completed with a 15 stage frac.

The Company currently estimates that it will frac the Lucey #1H horizontal Marcellus well the first week in May and be turned into a sales line by May 31.

John G. Corp, President of Trans Energy, said, "We continue to develop our acreage position in the Marcellus shale. We have been pleased with our initial success and our thirty day initial production results speak for themselves. We continue to learn more about the Marcellus as we drill and complete more wells and hopefully that translates into better wells in the future. We look forward to getting started with our 2011 drilling program."


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