NGAS Resources to Present at IPAA's Oil & Gas Investment Symposium

LEXINGTON, Ky.--(Business Wire)--
NGAS Resources, Inc. (Nasdaq: NGAS) today announced that William
S. Daugherty, President and CEO, will present at the Independent
Petroleum Association of America's (IPAA) Annual Oil & Gas Investment
Symposium (OGIS) being held at The Sheraton New York Hotel & Towers in
New York City April 7-9, 2008.

Mr. Daugherty will be presenting at the conference on Tuesday,
April 8, 2008 at 10:55 a.m. (Eastern). During his presentation, Mr.
Daugherty plans to discuss NGAS and its natural gas opportunities in
the Appalachian Basin as well as provide a general business update.

Mr. Daugherty's presentation and accompanying slides will be
webcast and can be accessed from the Company's website at www.ngas.com
or by cutting and pasting the following link into your browser:
http://www.investorcalendar.com/CEPage.asp?ID=126921. Additional
conference information can be found at www.ipaa.org.

About NGAS Resources

NGAS Resources is an independent exploration and production
company focused on unconventional natural gas basins in the United
States that support repeatable drilling opportunities, principally in
the southern portion of the Appalachian Basin. Additional information,
including the Company's annual report on Form 10-K for 2007 which can
be accessed on its website at www.ngas.com.

A number of statements made during the Company's presentation and
contained in the powerpoint presentation placed on the Company's
website other than statements of historical fact, may be
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements involve risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in the applicable statements due to
economic conditions and other risks, uncertainties and circumstances
partly or totally outside the control of the Company, including risks
of production variances from expectations, volatility of product
prices, the level of capital expenditures required to fund drilling
and the ability of the Company to implement its business strategy. For
a more detailed description of these and other risk factors, please
refer to the Company's SEC filings including the Company's Annual
Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company
expressly disclaims any intent or obligation to update any of the
forward-looking statements made in the presentations, or in any of its
SEC filings except as may be otherwise stated by the Company.

NGAS Resources, Inc.
Kathleen Heaney, 203-803-3585
ngas@ngas.com

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