Energas Begins Drilling in Wyoming.

OKLAHOMA CITY -- Energas Resources, Inc. (OTCBB:EGSRE) announces that drilling of the Eagle Ridge Federal 22-21 well in Wyoming has officially begun. The well was spudded late yesterday afternoon, Aug. 9, and as of 10:30 a.m. CDT today, the reported depth is 678 ft. There are a total of 16 potential zones that will be tested in this well. "We have taken extra measures to ensure this well will be carefully and accurately guided to its target depth of 7,500 feet," president George Shaw stated. This well is expected to take about 10 days of drilling to reach total depth (TD). The company owns a 30% Working Interest in this well.

Also, the company expects the "E" to come off the trading symbol very soon. "With our financial reports in order, we anticipate the removal of the 'E' any day now," said George Shaw.

Further announcements will be forthcoming.

Safe Harbor Statement

When used in this press release, the words "intends," "believes," "anticipated," "expects" and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties which could cause actual results to differ materially from those projected. Factors that could cause or contribute to such differences include normal risks associated with oil and gas drilling activities. The primary risk lies in the drilling of dry holes or drilling and completing wells which, though productive, do not produce gas and/or oil in sufficient amounts to return the amounts expended and produce a profit. Hazards, such as unusual or unexpected formation pressures, downhole fires, blowouts, loss of circulation of drilling fluids and other conditions are involved in drilling and completing oil and gas wells and, if such hazards are encountered, completion of any well may be substantially delayed or prevented. In addition, adverse weather conditions can hinder or delay operations, as can shortages of equipment and materials or unavailability of drilling, completion, and/or work-over rigs. Even though a well is completed and is found to be productive, water and/or other substances may be encountered in the well, which may impair or prevent production or marketing of oil or gas from the well.