Trans Energy, Inc. Substantially Increases Gas Flows In 6" Pipeline System
July 14 2005 - 12:02PM
PR Newswire (US)
Trans Energy, Inc. Substantially Increases Gas Flows In 6" Pipeline
System ST. MARYS, WVa., July 14 /PRNewswire-FirstCall/ -- Tyler
Construction Company, Inc., a wholly owned subsidiary of Trans
Energy, Inc., (OTC:TENG) (BULLETIN BOARD: TENG) announced today
that flows in it's 6" pipeline system have increased approximately
thirty percent (30%) in the past thirty (30) days. This increase is
due to eight (8) new wells being turned into the system. Within the
next thirty (30) days six (6) additional new wells will be tied
into this system. The additional gas in the system will
substantially increase transportation revenues received by Tyler
Construction. Additional drilling in the area this pipeline serves
is very probable beginning this fall. Trans Energy, Inc. an
aggressive growth energy company (TENG) specializes in the
exploration, completion, drilling and production of oil and natural
gas in the Appalachian and Powder River Basin. Further, TENG is
actively involved in the transmission, transportation and sales of
oil and natural gas. This press release contains forward-looking
information that may be affected by certain risks and uncertainties
described in the company's filing with the Securities and Exchange
Commission. The company's actual results could differ materially
from such forward-looking statements. We assume no duty to update
these statements at any future date. DATASOURCE: Trans Energy, Inc.
CONTACT: Clarence E. Smith of Trans Energy, Inc., +1-304-665-2652,
or Web site: http://www.transenergy.com/
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