ST. MARYS, W.Va., Jan. 24 /PRNewswire-FirstCall/ -- Trans Energy, Inc. (OTC:TENG) today announced that it has retained CTC, Inc. as investor relations counsel to communicate the company's progress and business strategy. The company specializes in the exploration, production, transportation and sales of oil and natural gas. Management is convinced that the time is right to expand its contacts with investors. Trans Energy's strategy is to economically increase reserves, production and sales of natural gas and oil from properties principally in Wyoming's Powder River and Appalachian Basin areas, as well as acquiring and developing additional producing properties in the Appalachian Basin. "As we further develop our business, we will look to CTC to assist us with our principal investor relations objectives, which are to make our company financially transparent, while increasing its shareholder base," said Jim Abcouwer, chief executive officer of Trans Energy. "We selected CTC, an established firm that is experienced working with public companies similar to ours, because of their track record in educating and informing investors about the performance and potential of their clients." Bill Roberts, president of CTC, said, "We are extremely pleased to be working with the management team at Trans Energy to realize a fair market value for the Company's stock. We believe there is tremendous opportunity in today's high-potential oil and gas industry, and that Trans Energy is well positioned to take full advantage of that opportunity." About Trans Energy, Inc. Since 1993, Trans Energy Inc. has owned and operated oil and natural gas wells, natural gas transmission lines and transportation systems in West Virginia and Wyoming. The Company is positioned to economically increase reserves, production and sale of oil and gas from existing and acquired properties. Located in West-Central West Virginia, Trans Energy is able to actively pursue acquisition and development of properties in the area rapidly increasing revenue base without proportionally increasing overhead costs. About CTC Inc. For more than 15 years, CTC, Inc. has provided high-value, cost-effective investor relations and financial communications services from it Midwest offices to small- and mid-cap public companies nationwide. CTC's principals have extensive corporate and agency investor relations experience, and bring market- tested ideas to senior executives for creating shareholder value by attracting and motivating key professionals in financial markets and the business press. Clients typically rely on CTC for IR strategy, message development, investor tracking and contact, road show and conference arrangements, financial media relations, and preparation or review of all investor and corporate communications documents. CTC is on the web at http://www.irbyctc.com/. Safe Harbor Statement Certain statements in this press release constitute "forward-looking statements" relating to Trans Energy, Inc. the meaning of the Private Securities Litigation Reform Act of 1995. All statements regarding future events, our financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In some cases you can identify forward-looking statements by terminology, such as "may," "will," "would," "should," "could," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms or other comparable terminology. These statements are only predictions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements. First Call Analyst: FCMN Contact: DATASOURCE: Trans Energy, Inc. CONTACT: Bill Roberts and Wayne Buchout, +1-937-434-2700, both of Trans Energy, Inc. Web site: http://www.transenergy.com/ http://www.irbyctc.com/

Copyright