NGAS Resources, Inc. to Conduct a Webcast of Its Third Quarter 2008 Financial Results

LEXINGTON, Ky.--(Business Wire)--
NGAS Resources, Inc. (Nasdaq: NGAS), today announced that it will
be releasing its third quarter 2008 financial results after the market
close on Wednesday, November 5, 2008. The full text of the release
will also be available on the Company's website at www.ngas.com.

Management will host a conference call on the same day at 4:30
p.m. (Eastern). The conference call 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://viavid.net/dce.aspx?sid=000056BD.

To listen to a replay of the conference call, dial toll-free
1-888-203-1112 or 1-719-457-0820 for international callers and enter
replay pin number 6498200. The replay will be available beginning at
7:30 p.m. (Eastern) on Wednesday, November 5, 2008 and will last
through 11:59 p.m., Wednesday, November 12, 2008. An indexed recording
of the call will also be posted on the Company's website following the
call's completion.

About NGAS Resources

NGAS Resources is an independent exploration and production
company focused on conventional 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.

For NGAS Resources, Inc.
Investor Relations:
Kathleen Heaney, 203-803-3585

Copyright Business Wire 2008