NGAS Resources Subsidiary Daugherty Petroleum Becomes NGAS Production Co.

LEXINGTON, Ky., April 6, 2010 (GLOBE NEWSWIRE) -- NGAS Resources, Inc.
(Nasdaq:NGAS), an independent exploration and production company focused on
unconventional natural gas plays in the southern Appalachian Basin, today
announced that it has changed the name of its wholly owned operating subsidiary
from Daugherty Petroleum, Inc. to NGAS Production Co. The name change completes
a process started several years ago to unify the company's operations with its
NGAS brand, which has become well-known in the investment community based on its
trading symbol.

Commenting on the name change, William S. Daugherty, President and CEO, said,
"The purpose of the name change is to project a clearer image of who we are by
maintaining a unified corporate identity for our partners, customers and
investors." Mr. Daugherty added, "While we are excited about the name change, we
are also mindful of our heritage. For over a quarter of a century, Daugherty
Petroleum has earned an enviable reputation for developing gas reserves in
Appalachia. The organization and the people behind this track record will now be
more closely aligned with our company's brand. Although the subsidiary's name
has changed, our partners and customers can be assured that NGAS Production Co.
will continue to deliver at the high level to which they are accustomed."

About NGAS Resources

NGAS Resources is an independent exploration and production company focused on
unconventional natural gas plays in the eastern United States, principally in
the southern Appalachian Basin. Core assets include over 400,000 acres with
interests in approximately 1,400 wells and an extensive inventory for future
horizontal drilling. NGAS operates the gas gathering facilities for its core
Appalachian properties, providing deliverability directly from the wellhead to
the interstate pipeline. Additional information, including the company's annual
report on Form 10-K for 2009, can be accessed on its website at www.ngas.com.

CONTACT: NGAS Resources, Inc.
Michael P. Windisch, CFO
(859) 263-3948
Fax: (859) 263-4228
ngas@ngas.com