GASCO ENERGY ADDS TO TECHNICAL TEAM
CHARLES H. WILSON NAMED DRILLING MANAGER

DENVER, Oct. 17 /PRNewswire-FirstCall/ -- Gasco Energy, Inc. (Amex: GSX - News) is pleased to announce that Charles H. Wilson will join the Gasco technical team as drilling manager, effective immediately.

Wilson is a drilling manager with over 25 years of experience in several oil and gas provinces throughout the world. During his career, his primary focus has been delivering consistent cost reduction from the drilling process.

Most recently, he served as drilling manager and before that senior drilling engineer at Forest Oil Corporation where he began in 2003. While at Forest, he was responsible for the U.S. onshore drilling program. Prior to that, he was operations manager at Camwest Exploration, a Denver-based operator, where he managed all operations for drilling, completions and facilities. Wilson spent his initial 15 years in the industry in various drilling engineering positions at the former Maxus Energy before it was sold to Repsol. He also held drilling engineering positions at Coho Resources, a Mississippi producer, and in the Denver office of Ocean Energy, later sold to Devon Energy. Wilson holds a Bachelor of Science in Petroleum Engineering from the University of Wyoming in Laramie.

Management Comment

Mark Erickson, Gasco's CEO and President said: "An important internal goal is to lower development costs in order to improve overall Uinta Basin economics. Chuck's breadth of engineering experience complements our in-house talent and our efforts in continued reduction of drilling costs, one of the most capital-intensive components of our operations. We believe that Chuck will help us continue to optimize Riverbend Project operations. His technical abilities will also aid our efforts as we begin testing the deeper Mancos and Hilliard shale plays in Utah and Wyoming, respectively."

About Gasco Energy

Gasco Energy, Inc. 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. The Company currently is active in the Uinta Basin in Utah and controls acreage in the Greater Green River Basin of Wyoming. To learn more, visit www.gascoenergy.com.

Forward-looking statements

Certain statements set forth in this press release relate to management's future plans, objectives and expectations. Such statements are forward- looking within the meanings of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release, including, without limitation, statements regarding the Company's future financial position, potential resources, business strategy, budgets, projected costs and plans and objectives of management for future operations, are forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "project," "estimate," "anticipate," "believe," or "continue" or the negative thereof or similar terminology. Although any forward-looking statements contained in this press release are to the knowledge or in the judgment of the officers and directors of the Company, believed to be reasonable, there can be no assurances that any of these expectations will prove correct or that any of the actions that are planned will be taken. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual performance and financial results in future periods to differ materially from any projection, estimate or forecasted result. Some of the key factors that may cause actual results to vary from those the Company expects include inherent uncertainties in interpreting engineering and reserve or production data; operating hazards; delays or cancellations of drilling operations because of weather and other natural and economic forces; fluctuations in oil and natural gas prices in response to changes in supply; competition from other companies with greater resources; environmental and other government regulations; defects in title to properties; increases in the Company's cost of borrowing or inability or unavailability of capital resources to fund capital expenditures; and other risks described under "Risk Factors" in Item 1. of the Company's 2005 Form 10-K filed with the Securities and Exchange Commission on March 3, 2006.

Source: Gasco Energy, Inc.