Trans Energy Completes Fourth Vertical Well In Marcellus Shale

ST. MARYS, WV., January 5, 2009  -- Trans Energy, Inc. (OTC BB: TENG) announced today that its Blackshere #101 well in Marion County, West Virginia was successfully fraced on December 29^th and is currently awaiting connection to a sales line.  The Blackshere #101 is completed in the Marcellus shale, a prolific new “resource play” in Appalachia, similar to the Barnett, Fayetteville and Haynesville shales which have grown to become a significant base of hydrocarbon reserves in the United States.

James K. Abcouwer, President and CEO of Trans Energy, said “This fourth Marcellus well is located in Marion County which is the county to the east of our existing Marcellus wells and is a step out of what we consider our proven area.  We are delighted with its   initial indications. We are optimistic that the positive results from our three vertical wells in Wetzel County and now with our most recent completion in Marion County can be replicated throughout our acreage position in northern West Virginia.  We’re now beginning a horizontal well program in yet another significant step forward for Trans Energy to properly develop its acreage position.  We’re pleased to have achieved this sizeable acreage position centered on the Wetzel-Marion-Doddridge Counties area, which looks to be one of the most – if not the most – prolific part of the Marcellus resource in Appalachia.”

Trans Energy, Inc. (Pink Sheets: TENG) is an oil and gas exploration and development company in the Appalachian Basin headquartered in St Mary’s West Virginia, with offices also in Parkersburg.  The company, operating since 1994, restructured itself during 2006 with a new management team, a focus on oil and gas development, and a business plan for rapid growth. Further information can be found on the Company’s website at www.transenergyinc.com.

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