Chairman of Potential Gas Committee,
Michael Decker, Joins Gasco Energy

July 2, 2001 - Gasco Energy, Inc. (OTC BB: GASE), ) - is pleased to announce the appointment of Michael Decker Chief Operating Officer and Executive Vice President. Decker has 24 years of oil and gas prospecting, mergers and acquisitions, development and operations experience. He is also Chairman of the Potential Gas Committee, an independent group that provides estimates and reports on the nation's long-range gas supply. The Committee publishes "Potential Supply of Natural Gas in the United States", a report that tabulates estimates of potential resources for 89 onshore and offshore geologic provinces within six regions of the Lower 48 States and within Alaska. Decker is the past Vice President of Exploitation with Prima Energy Corporation (NASDAG: PENG), a Denver based independent oil and gas company. Previous to Prima, Decker worked for Bonneville Fuels Corporation and Tenneco Exploration and Production Company. Decker is also currently the Owner and President of Black Diamond Energy, a geological engineering, operations, prospecting and M&A consulting firm.

Marc Bruner, Chairman of Gasco commented "We welcome Michael to the Company. His industry experience and knowledge of natural gas supplies in North America and especially the Rocky Mountain area will be a great asset to Gasco as we continue to generate and develop our prospects in the area."

About Gasco Energy

Gasco Energy is a Denver based natural gas and oil exploration and
development company that focuses in the Rocky Mountain area of the United States. The Company currently holds interests in properties located in the Uinta Basin of northeastern Utah, which are being developed pursuant to an agreement with Phillips Petroleum.

 

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