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Oil and Gas Energy News Update

Monday, May 23, 2011

Trans Energy Posts Production Results for Groves Well

- Trans Energy Posts Production Results for Groves Well

Monday, May 23, 2011
Trans Energy Inc.

Trans Energy announced that the first 30 days of production from its Groves #1H horizontal Marcellus well in Marshall County, West Virginia averaged 5,344 Mcfe per day and the rate of production on the 30th day was 4,660 Mcfe on a 30/64 choke.

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."

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