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Microcap & Penny Stocks : Emerging Company Report TV Program

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To: dbmedia who started this subject9/25/2001 6:28:49 PM
From: dbmedia   of 526
 
Trans Energy, Inc. - Strategic Positioning

ST. MARY'S, W.Va., Sept. 24 /PRNewswire/ -- Trans Energy, Inc. (OTC Bulletin Board: TSRG - news):

Trans Energy defines one aspect of its strategic positioning as to its ongoing efforts to explore, develop, and market the oil and gas reserves in West Virginia. Even with much
interest in the major natural gas discovery of the Trenton-Black River, TSRG will not neglect the fundamental cash flow potential in the drilling of shallow wells. In this effort,
TSRG is developing a ``grass roots'' program to negotiate agreements that allow the option to participate in a drilling program. TSRG's goal is to have options in place with
oil and gas companies that will allow us to participate in varying working interests depending on our ability to fund such participation.

TSRG's strategic positioning also allows TSRG to influence the location of shallow well drilling programs that favor areas where the natural gas can be transported through
its subsidiary, Tyler Construction Company, Inc. (TCCI). TSRG increases its value as a partner with the ability to transport gas to the market through TCCI.
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