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Energas Announces the Start of Gas Sales in Kansas.

OKLAHOMA CITY -- Energas Resources Inc. (OTCBB:EGSR) is pleased to announce that the Carothers #1 well in Harper County, Kansas, has been hooked up and gas sales began this weekend. This well is currently producing at a rate of 2,000,000 cubic feet of gas per day (2,000 MCFD) through a 16/64 inch choke. Shut in tubing pressure was measured at 1,500 psi and flowing pressure was measured at 1,460 psi.

"The engineer has recommended that we choke this well back as much as possible during the initial production phase," stated President George Shaw. "We will gather a lot of well and reservoir information over the next 30 days. The operator will then let the data determine the best flow rate for this well."

Approximately 1,400 additional acres have been acquired in this Kansas prospect and the drilling of the second well is scheduled for August 2004. Further announcements will be forthcoming.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 28, 2004
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