NGAS Resources, Inc. to Conduct a Webcast of Its First Quarter 2010 Financial Results


LEXINGTON, Ky., April 30, 2010 (GLOBE NEWSWIRE) -- NGAS Resources, Inc. (Nasdaq:NGAS) today announced that it will be releasing its first quarter 2010 financial results after the market close on Thursday, May 6, 2010. The full text of the release will be available on the Company's website at www.ngas.com

Management will host a conference call on the same day at 4:30 p.m. (Eastern) to discuss these results.  The conference call will be webcast and can be accessed from the Company's website at www.ngas.com.

A replay of the conference call will be available for one week following the conference call. To listen to a replay of the conference call, dial toll-free 1-888-203-1112 or 1-719-457-0820 for international callers and enter replay pin number 3338094. The replay will be available beginning at 7:30 p.m. (Eastern) on Thursday, May 6, 2010 and will last through 11:59 p.m., Thursday, May 13, 2010.  An indexed recording of the call will also be posted on the Company's website following the call's completion.

About NGAS Resources

NGAS Resources is an independent exploration and production company focused on unconventional natural gas basins in the eastern United States principally in the southern portion of the Appalachian Basin.  Core assets include over 400,000 acres with interests in approximately 1,400 wells and an extensive inventory for future horizontal drilling.  NGAS operates the gas gathering facilities for its core Appalachian properties, providing deliverability directly from the wellhead to the interstate pipeline. Additional information, including the Company's annual report on Form 10-K for 2009, can be accessed on its website at www.ngas.com.


            

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