LevelStock.com: Energas Begins Drilling on Lake Devore Prospect

Energas Resources, Inc. (OTCBB: EGSR) is pleased to announce today that drilling has begun on the Lake Devore Prospect, Colorado. The well was spudded yesterday evening, and it is expected to take approximately 10 days to reach the target depth.

This 1280 acre prospect lies within a complex of Morrow oil fields known as the Stateline Trend along the Colorado - Kansas border. The well is designed to test the Morrow formation at a depth of 5,200'. Further announcements will be forthcoming.

Safe Harbor Statement

When used in this press release, the words "intends," "believes," "anticipates" and "expects" and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected. Factors that could cause or contribute to such differences include normal risks associated with oil and gas drilling activities. In addition, adverse weather conditions can hinder or delay operations, as can shortages of equipment and materials or unavailability of drilling, completion, and/or work-over rigs. Even though a well is completed and is found to be productive, water and/or other substances may be encountered in the well, which may impair or prevent production or marketing of oil or gas from the well.

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