• Unrisked future net revenue of $2.42 Billion from Utah properties alone

  • $14.80 / share price target forecast by Canaccord Capital

  • Important strategic partnerships with Phillips Petroleum, Halliburton Co. and Burlington Resources

  • Named one of Colorado's 100 Fastest Growing Companies by Denver Business Journal

  • Strong management team led by an established team of oil & gas leaders

  Leading Petroleum Engineering firm reports GASCO ENERGY˙FFFF92s unrisked future net revenues of $2.4 billion from Utah wells alone. Analyst forecasts $14.80/share price target!

Gasco Energy Inc. is an oil & gas company whose natural gas properties could potentially begin producing in the billion-dollar range, but is still trading under $3 per share!

Recently, Gasco Energy˙FFFF92s (OTCBB: GASE) properties and future revenues in Utah were independently evaluated and estimated by Netherland, Sewell & Associates (NSAI) ˙FFFF96 a 40-year-old international petroleum consulting firm. NSAI ( has worked with hundreds of top financial institutions from Bank of America to Credit Suisse as well as major oil and gas companies from Exxon to Shell.

The report states that the estimated unrisked future net revenue on GASE˙FFFF92s interest will most likely produce $2.42 BILLION!! Please note that the report discusses NET revenues, which are calculated by deducting state production and ad valorem taxes, operating expenses and ALL future capital costs from the gross revenues. While these are net revenues, as opposed to net income, this can mean great news for GASE˙FFFF92s existing and future shareholders!

In evaluating probabilities of occurrence, NSAI˙FFFF92s report states ˙FFFF93there is very little risk of not encountering gas in this basin-centered gas accumulation˙FFFF94. In fact according to NSAI, the property˙FFFF92s most likely present worth is $242 million discounted at 10% based on average NYMEX prices for the period 09/00 to 08/02. Wellhead prices used in the report are $3.56 per MMBtu, escalated 3% per year to a maximum of $4.15 per MMBtu.

Foremost among GASE˙FFFF92s strategic partnerships is GASE˙FFFF92s agreement with Phillips Petroleum (NYSE:P). GASE and Phillips have been working to maximize shareholder value on the Utah properties. GASE has also teamed with Halliburton Co. (NYSE:HAL) to potentially drill and complete up to 10 wells within the same area.

IN ADDITION to the interest in Utah properties, GASE also recently reported that it has teamed up with Burlington Resources (NYSE: BR) - one of the world's largest independent oil and gas companies - to explore and develop a series of natural gas plays in Wyoming. This significantly enlarges GASE˙FFFF92s land mass, which may further increase the company˙FFFF92s net present worth!!

According to the U. S. Geological Survey, the Greater Green River Basin has produced more than 7.3 trillion cubic feet of natural gas and 849 million barrels of oil, making it one of the country's truly significant oil and gas fields. Burlington Resources is the perfect partner to help develop the many highly fractured, tight-gas-sands prospects the companies expect to find there.

Based on GASE˙FFFF92s recoverable resources, property˙FFFF92s present worth and industry partnerships London based Canaccord Capital recently issued an Investment report estimating the value of Gasco˙FFFF92s licenses to be $740 Million, or $14.80 per share.

Despite all the recent developments, the company˙FFFF92s stock is still trading below $3. Many consider this to be ridiculously low, considering that NSAI estimates future net revenues of up to $2.4 billion and unrisked present worth at $242 million. With its high probability Utah stake AND its Wyoming partnership with Burlington, GASE is now diversified AND showing huge growth potential!

How quickly will GASE˙FFFF92s stock price start to reflect its real value? As the company is still trading on the OTCBB, maybe it hasn˙FFFF92t been able to attract institutional investors who price stocks based on their real value. When they learn about the recent developments, GASE˙FFFF92s valuation could potentially change overnight!

With an application for listing pending and the type of assets GASE possesses, it may be only a matter of time before the company jumps to Amex. That would open a lot of doors for GASE and potentially explode the demand for GASE stock and lead to a much higher valuation! What will GASE be trading at by then?

Click Here to read the NSAI Report

Click Here to read the Canaccord Report

Contact Us
One of our Corporate Relations Representatives would be happy to answer any questions you may have. Please call us at 1-800-645-9254, or visit the company's website at

Click to view GASE's detailed Quote & Chart
52 Week High: $4.063
52 Week Low: $0.031
Shares Outstanding: 27.25 MILLION

Investment News Alert  Disclaimer: Please be aware that SS is a news service and NOT an investment advisory service; it is advised that you consult with a licensed financial advisor before making any investment decisions. This information comprises a paid advertising supplement for which SS was compensated. In the case of Gasco Energy Inc., SS will be compensated $22,000 by a third party. This publication does not provide an analysis of a company's financial position and the information herein should NOT be construed as an offer to buy or sell securities. The information herein is taken from sources thought to be accurate, but there is no guarantee. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.