1086319--3/4/2008--GASCO_ENERGY

related topics

{gas, price, oil}

{loss, insurance, financial}

{cost, regulation, environmental}

{stock, price, share}

{acquisition, growth, future}

{regulation, change, law}

{personnel, key, retain}

{debt, indebtedness, cash}

{interest, director, officer}

{operation, natural, condition}

{stock, price, operating}

{cost, operation, labor}

{capital, credit, financial}

Pipeline constraints may limit Gasco s ability to sell its gas production and may negatively affect the price at which Gasco sells its gas. Our oil and gas reserve information is estimated and may not reflect our actual reserves Future changes in commodity prices or our estimates and operational developments may result in impairment charges. The development of oil and gas properties involves substantial risks that may materially and adversely affect us. We may not be able to obtain adequate financing to continue our operations. Delays in obtaining drilling permits could have a materially adverse effect on our ability to develop our properties in a timely manner. We may have difficulty managing growth in our business We compete with larger companies in acquiring properties and operating and drilling services. We may suffer losses or incur liability for events that we have, or that the operator of a property has, chosen not to insure against. We may incur losses as a result of title deficiencies in the properties in which we invest Our ability to market the oil and gas that we produce is essential to our business. Environmental costs and liabilities and changing environmental regulation could materially affect our cash flow. We are subject to complex governmental regulations which may adversely affect the cost of our business. Our competitors may have greater resources which could enable them to pay a higher price for properties and to better withstand periods of low market prices for hydrocarbons. Because our reserves and production are concentrated in a small number of properties, production problems or significant changes in reserve estimates related to any property could have a material impact on our business. Our operations may be interrupted by severe weather or drilling restrictions. Financial difficulties encountered by our partners or third-party operators could adversely affect the exploration and development of our prospects. Shortages of supplies, equipment and personnel may adversely affect our operations Hedging our production may result in losses Lower oil and natural gas prices could negatively impact our ability to borrow. Our revolving bank credit facility imposes restrictions on us that may affect our ability to successfully operate our business. Our success depends on our key management personnel, the loss of any of whom could disrupt our business. Our officers and directors are engaged in other businesses which may result in conflicts of interest. It may be difficult to enforce judgments predicated on the federal securities laws on some of our board members who are not U.S. residents. Risks Related to Our Capital Stock Our common stock has experienced, and may continue to experience, price volatility and a low trading volume. Shares eligible for future sale may cause the market price for our common stock to drop significantly, even if our business is doing well.

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1086319--3/4/2008--GASCO_ENERGY_INC