Gasco Energy Named One of Colorado's 'Top 100 Fastest Growing Public Companies' by The Denver Business Journal

DENVER, Oct. 9 /PRNewswire/ -- Gasco Energy, Inc. (OTC Bulletin Board: GASE - news) announced today the Company has been named as one of Colorado's ``Top 100 Fastest Growing Public Companies'' by The Denver Business Journal. This elite recognition is awarded to public companies operating in Colorado that have demonstrated excellence in financial management, corporate growth and investor communications. The Denver Business Journal is the leading weekly financial and business publication in the Rocky Mountains with a readership of more than 74,000 local executives and business leaders.

Mark Erickson, President and CEO, said, ``It is great to be recognized for our growth and accomplishments. We are working hard to make Gasco one of the leading oil and gas producers in the Rocky Mountain region. Our commitment to the Denver business community and the growth of Colorado is a priority.'' Gasco will be honored at an awards luncheon hosted by The Denver Business Journal on Thursday, October 11, 2001.

Gasco Energy recently expanded its operations through an Exploration Agreement with Burlington Resources Inc. The two companies will jointly explore and potentially develop deep natural gas in Wyoming's Greater Green River Basin covering an area of approximately 332,000 acres. Gasco has also joined with Phillips Petroleum in the completion of three natural gas wells in Uintah County, Utah. Gasco currently holds interest in more than 150,000 gross acres in Utah. Through these agreements with Burlington and Phillips, Gasco is able to increase their area of operations and actively develop prospects in the Company's 2001 and 2002 drilling programs.

Gasco Energy is a Denver-based natural gas and oil exploitation and development company that focuses on natural gas rich prospects in the Rocky Mountain area of the United States. For more information about Gasco, please visit www.gascoenergy.com .

 

 

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