NGAS Resources, Inc. (Nasdaq: NGAS), today announced that it will be releasing its fourth quarter 2006 financial results after the market close on Tuesday, March 13, 2007. 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 as well as from http://viavid.net/dce.aspx?sid=00003BC1. An indexed recording of the call will also be posted on the Company's website following the call's completion.

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 passcode 3440338. The replay will be available beginning at 7:30 p.m. (Eastern) on Tuesday, March 13, 2007 and will last through 11:59 p.m., Tuesday, March 20, 2007.

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 2005 and its quarterly report on Form 10-Q for the third quarter of 2006, can be accessed on its website at www.ngas.com.