NGAS Resources, Inc. (Nasdaq: NGAS) today announced that it will be presenting at the Independent Petroleum Association of America's (IPAA) Oil & Gas Investment Symposium to be held in New York City on April 23 - 25, 2007.

William S. Daugherty, President and CEO of NGAS, is scheduled to present on Tuesday, April 24, 2007, at 9:35 a.m. (Eastern). Mr. Daugherty will update investors on the Company's natural gas opportunities in the Appalachian Basin as well as provide a general business update.

Interested parties can access the IPAA presentation during a live webcast via the following link: http://www.investorcalendar.com/CEPage.asp?ID=115770. In addition, slides of Mr. Daugherty's presentation will be available on the Company's website at www.ngas.com. Additional conference information can be found at www.ipaa.org.

About NGAS Resources

NGAS Resources is an independent energy company focused on natural gas development drilling and reserve growth with its primary operations in the southern portion of the Appalachian Basin. Additional information, including the Company's report on Form 10-K for the year ended December 31, 2006, can be accessed on its website at www.ngas.com.

A number of statements made during the Company's presentation and contained in the powerpoint presentation placed on the Company's website other than statements of historical fact, may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements due to economic conditions and other risks, uncertainties and circumstances partly or totally outside the control of the Company, including risks of production variances from expectations, volatility of product prices, the level of capital expenditures required to fund drilling and the ability of the Company to implement its business strategy. For a more detailed description of these and other risk factors, please refer to the Company's SEC filings including the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in the presentations, or in any of its SEC filings except as may be otherwise stated by the Company.