DENVER, Nov. 23 /PRNewswire-FirstCall/ -- Gasco Energy,
Inc. (OTC Bulletin Board: GASE -News) today announced
that the American Stock Exchange has approved Gasco's
application for the listing of Gasco Energy, Inc.'s
common stock. This approval is contingent upon the
Company being in compliance with all applicable listing
standards on the date it begins trading on the Exchange,
and may be rescinded if the Company is not in compliance
with such standards. Shares of the Company's common
stock will begin trading on the American Stock Exchange
under the symbol "GSX" within five to 10
business days.
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, visitwww.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 8.01 of the Company's Current Report on Form
8-K filed with the Securities and Exchange Commission
on October 14, 2004.
