(c) Exhibits

     Exhibit No.    Description
     -----------    -----------
         10.1       Agreement for Sale of Oil and Gas Properties (to be filed as
                    amendment to Form 8-K upon closing of sale)
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Statements contained in this Current Report which are not historical facts, including all statements regarding the consummation of the acquisition of assets, may be considered "forward- looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. Trans Energy cautions the reader that such forward-looking statements are not guarantees of future performance. Unknown risks and uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.