EXHIBIT 99.1


Gasco
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Energy



For Release at 8:30 AM EDT on October 10, 2007
                    GASCO ENERGY UPDATES UINTA BASIN ACTIVITY

DENVER - (PR Newswire) - October 10, 2007 - Gasco Energy, Inc. (AMEX: GSX) today
provided an interim  operations  update on its Riverbend Project in Utah's Uinta
Basin.

Quarterly Production
Estimated cumulative net production for the quarter ended September 30, 2007 was
990 million cubic feet equivalent (MMcfe) a 4.5% increase over the third quarter
of 2006.  Gasco has elected to curtail  its Utah  production  operations,  which
constitute approximately 100% of its net production, due to low gas prices which
averaged  $2.93 per MMBtu during the quarter.  Significant  price  differentials
associated  with limited  pipeline  capacity and increasing  regional supply has
resulted in low Rocky Mountain  prices,  specifically in the Uinta Basin.  Given
the current takeaway  capacity,  Gasco has delayed  completions in new wells and
up-hole  recompletions  in  existing  wells.  The  Company  expects to  increase
activity  during  November  and  December as natural gas prices are  expected to
rebound with increased winter demand.

Gasco  reported an  increase  in  year-over-year  quarterly  production  volumes
despite  its  decision  to  curtail   production   and  delay   completion   and
re-completion activity. Curtailed and facilities-constrained net volumes for the
quarter are estimated to be approximately 130 MMcf, or 1.4 MMcf/d.




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Gasco Energy Net Production Detail*
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                                 Three-months ended                Three-months ended                  Nine-months ended
                                Sept 30,   June 30,               Sept 30,   Sept 30,                 Sept 30,   Sept 30,
                                  2007       2007   % Change        2007       2006     % Change      2007       2006    % Change
                                  ----      -----     ------        ----       ----       ------      ----       ----      ------

                                                                                                 
Natural Gas / MMcf                 928      1,052      (11.8)%       928        913         1.6%      2,981      2,622      13.7%
Oil / MBbls                       10.3       11.9      (13.4)%      10.3        5.7        80.7%       30.6       14.8      106.8%
Natural Gas Equivalents / MMcfe    990      1,124      (11.9)%       990        947         4.5%      3,165      2,711      16.7%
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*Includes Q307 preliminary  production  estimates.  Company estimates may differ
from the actual  results to be reported in its  forthcoming  filing on Form 10-Q
for the quarter-ended September 30, 2007.

Drilling Activity
During the third quarter of 2007,  Gasco spudded eight gross wells (2.0 net) and
reached  total depth on nine gross  wells (2.4 net) in Utah.  All of these wells
were drilled to target the Blackhawk  Spring Canyon trend. Of these eight wells,
Gasco  elected to drill two wells into the deeper  Mancos  Formation.  One well,
targeted the Upper Mancos shale and the second targeted  approximately  one half
of the Mancos Shale interval. The second well, the Federal 21-19, was drilled to
a total depth of 14,800 feet and penetrated  approximately  1,950 feet of Mancos
interval.  This well was drilled in 20.5 total days from surface casing to total
depth,  averaging 722 feet per day. This was a 7% improvement,  when compared to
the average  drilling  time of 19 days achieved for the last 10 wells drilled to
the  Blackhawk  Spring Canyon  formation at  approximately  12,800 feet,  for an
average of 673 feet per day. The Company is  currently  running  three  drilling
rigs  on  its  Riverbend   project.   Two  of  these  are  capable  of  drilling
significantly into the Mancos Formation.  Gasco is evaluating the testing of the
Mancos Shale on a well-by-well basis.

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Completion Activity
During the  quarter,  Gasco  conducted  initial  completion  operations  on five
operated (2.8 net) wells.  During the first nine months of 2007, Gasco conducted
initial completion  operations on 14 operated wells (8.0 net) and re-entered one
operated well to complete  behind-pipe pay zones. The Company also  participated
in the  completion  of one outside  operated  well (0.25 net).  At September 30,
2007, Gasco operated 103 gross producing wells and currently has an inventory of
10 operated wells awaiting initial  completion  operations and 28 operated wells
with up-hole recompletions.

Mancos Shale Test - Riverbend Project, Utah
Gasco's  Federal  #14-31  (100%  working  interest)  was spud  during the second
quarter of 2007 and was  completed in five Mancos shale stages in August.  Gasco
currently  estimates  potential  reserves from the Mancos interval at 1.2 to 2.0
Bcfe. From its preliminary  analysis,  Gasco believes that  approximately 67% of
the  production  from the Mancos shale in our area is from the upper half of the
Mancos formation.  The Federal 21-19 was drilled to a depth of 14,800 feet based
on this  analysis.  The 21-19 was  drilled  about 2.5 miles north of the initial
Mancos test,  the Federal  14-31,  and  preliminary  results  indicate a similar
geologic  section and an equal amount of natural  fracturing as the upper Mancos
in the  Federal  14-31.  This  test  resulted  in only 4.5  days of  incremental
drilling with a total cost to drill and log of $250,000, as estimated from daily
drilling  records.  We expect the well to require three stages of fracing in the
Upper Mancos interval with an estimated  completion cost of $750,000 to $800,000
bringing the total cost to drill and complete this incremental interval to $1.00
to $1.25 million for reserve potential of .75 to 1.5 Bcf.

Mark  Erickson,  President  and  CEO  said:  "We  continue  to  see  significant
reductions in drilling time along with lowering  overall  completed  well costs.
Rig 99 is on the verge of setting  new  drilling  time  records as crews  become
better trained and more familiar with the modern rig's  operating  capabilities.
The Mancos continues to prove itself.  The first well's production is holding up
well.   The  recent  well  drilled  faster  than  we  projected  and  identified
extensively  fractured intervals in the upper half of the Mancos.  These results
support our belief that we can add significant production and reserves from this
interval with finding costs below what we have historically  experienced.  We're
excited about the opportunity to expand the Mancos program as we go forward."

Third Quarter 2007 Results
Gasco expects to announce its third quarter results on November 1, 2007 and will
schedule a conference call to discuss those results. Details of the call will be
announced at a later date.

About Gasco Energy
Gasco Energy, Inc. is a Denver-based natural gas and petroleum  exploitation and
development   and  production   company   engaged  in  locating  and  developing
hydrocarbons  resources,  primarily in the Rocky Mountain region. To learn more,
visit www.gascoenergy.com.


Forward-looking statements
Certain statements set forth in this press release relate to management's future
plans,  objectives and expectations.  Such statements are forward-looking within
the  meanings  of Section 27A of the  Securities  Act of 1933,  as amended,  and
Section 21E of the Securities  Exchange Act of 1934, as amended.  All statements
other than  statements  of  historical  facts  included  in this press  release,
including,  without  limitation,  statements  regarding Gasco's future financial
position,  potential resources,  business strategy, budgets, projected costs and
plans and objectives of management for future  operations,  are  forward-looking
statements. In addition,  forward-looking statements generally can be identified
by the use of  forward-looking  terminology  such as  "may,"  "will,"  "expect,"
"intend," "project," "estimate,"  "anticipate,"  "believe," or "continue" or the
negative thereof or similar terminology. Although any forward-looking statements
contained in this press  release are to the  knowledge or in the judgment of the
officers and  directors  of Gasco,  believed to be  reasonable,  there can be no
assurances that any of these  expectations will prove correct or that any of the
actions that are planned will be taken. Forward-looking statements involve known
and unknown risks and  uncertainties  that may cause Gasco's actual  performance
and  financial   results  in  future  periods  to  differ  materially  from  any
projection,  estimate or  forecasted  result.  Some of the key factors  that may
cause  actual  results  to  vary  from  those  Gasco  expects  include  inherent
uncertainties  in  interpreting  engineering  and  reserve or  production  data;
operating  hazards;  delays or cancellations of drilling  operations  because of
weather and other natural and economic  forces;  fluctuations in oil and natural
gas prices in response to changes in supply;  competition  from other  companies
with greater resources;  environmental and other government regulations; defects
in  title  to  properties;  increases  in the  Company's  cost of  borrowing  or
inability or unavailability  of capital resources to fund capital  expenditures;
and other risks  described under "Risk Factors" in Item 1. of the Company's 2006
amended Form 10-K filed with the Securities and Exchange  Commission on April 5,
2007.

Contact for Gasco Energy, Inc.: Investor Relations: 303-483-0044

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