EXHIBIT 99.1



Gasco Energy, Inc. Prices Public Offering of Common Stock

April 10, 2007 9:00 a.m. EDT

DENVER,  Colorado--(PRNewswire)--April 10, 2007-- Gasco Energy, Inc. (Amex: GSX)
("Gasco")  announced  today that it has priced a public  offering of  10,000,000
shares of its common stock for gross  proceeds of  approximately  $19.3 million.
Gasco  intends to use the net  proceeds of the  offering  for general  corporate
purposes.

J.P.  Morgan  Securities  Inc. will serve as sole  underwriter for the offering.
When available,  copies of the prospectus supplement and accompanying prospectus
may be obtained from J.P. Morgan Securities Inc. at 4 Chase Metrotech Center, CS
Level, Brooklyn, NY 11245.

This press release shall not constitute an offer to sell or the  solicitation of
an offer to buy any  securities  of Gasco,  nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,  solicitation or
sale  would be  unlawful  prior  to  registration  or  qualification  under  the
securities laws of any such jurisdiction.

    CONTACT: Gasco Energy, Inc., Denver
             King Grant, 303-483-0044
             or
             Mark Erickson, 303-483-0044
    SOURCE:  Gasco Energy, Inc.