Business Description Trans Energy, Inc. is primarily engaged in the transportation, marketing and production of natural gas and oil, and also conducts exploration and development activities. The Company owns and operates three oil and gas wells in West Virginia, one oil well in Wyoming, and owns an interest in seven oil wells in Wyoming that it does not operate. The Company also owns and operates an aggregate of over 100 miles of three-inch, four-inch and six-inch gas transmission lines located within West Virginia in the Counties of Ritchie, Tyler and Pleasants. The Company also has approximately 22,000 acres under lease in the Powder River Basin in Campbell, Crook and Weston Counties, Wyoming. The Company intends to focus its attention toward developing its acreage in the Powder River Basin in Wyoming and drilling for deep gas (Trenton-Black River) in the Appalachian Basin in West Virginia.
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