ST. MARYS, W.Va., Aug. 11 /EMWNews/ -- Trans Energy, Inc.

(OTC Bulletin Board: TENG) announced today that its Dewhurst #50 well in

Wetzel County, West Virginia was successfully completed on July 17 and

connected to a gas sales line on July 22. The Dewhurst #50 is completed in

the Marcellus shale, a prolific new "resource play" in Appalachia, similar

to the Barnett Shale which has grown to become a significant base of

hydrocarbon reserves in Texas.



    The Company continues to be encouraged by the initial production and

continues to develop a better understanding of the play's technical

aspects. The well is purging water used in the frac process, and is

producing gas at a volume and working pressure that indicates this

development area may be among the most attractive parts of this new and

substantial shale play.



    James K. Abcouwer, President and CEO of Trans Energy, said, "This

second Marcellus well indicates that the positive results from our first

well, the Hart #20, can be replicated throughout our acreage position in

northern West Virginia. We are pleased to have achieved a sizeable acreage

position centered on the Wetzel-Marion-Doddridge Counties area, which looks

to be the heart of the most attractive Marcellus resource in Appalachia."

    About Trans Energy, Inc.



    Trans Energy, Inc. (OTC Bulletin Board: TENG) is an oil and gas

exploration and development company in the Appalachian Basin. Further

information can be found on the Company's website at

http://www.transenergyinc.com.



    Safe Harbor Statement under the Private Securities Litigation Reform

Act of 1995 -- Forward-looking statements in this release do not constitute

guarantees of future performance. Such forward-looking statements are

subject to risks and uncertainties that could cause our actual results to

differ materially from those anticipated. Forward-looking statements in

this document include statements regarding the Company's exploration,

drilling and development plans, the Company's expectations regarding the

timing and success of such programs. Factors that could cause or contribute

to such differences include, but are not limited to, fluctuations in the

prices of oil and gas, uncertainties inherent in estimating quantities of

oil and gas reserves and projecting future rates of production and timing

of development activities, competition, operating risks, acquisition risks,

liquidity and capital requirements, the effects of governmental regulation,

adverse changes in the market for the Company's oil and gas production,

dependence upon third-party vendors, and other risks detailed in the

Company's periodic report filings with the Securities and Exchange

Commission. For a more detailed discussion of the risks and uncertainties

of our business, please refer to our Annual Report on Form 10-K for the

fiscal year ended December 31, 2007 filed with the Securities and Exchange

Commission. We assume no obligation to update any forward-looking

information contained in this press release or with respect to the

announcements described herein.