Exhibit 99.1

Gasco
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Energy

For Release at 8:00 a.m. EST on Wednesday, January 9, 2008

GASCO ENERGY UPDATES UINTA BASIN ACTIVITY
REPORTS RECORD QUARTERLY AND ANNUAL PRODUCTION

DENVER - January 9, 2008 - Gasco Energy, Inc. (AMEX: GSX) today provided an
operations update on its Riverbend Project in Utah's Uinta Basin.

Quarterly and Annual Production
Estimated net production for the quarter ended December 31, 2007 was 1,134
million cubic feet equivalent (MMcfe), an increase of 16.3% as compared to the
quarter ended September 30, 2007 and a year-over-year increase of 2.5%.
Estimated net production for the year ended December 31, 2007 was 4,283 MMcfe,
an increase of 12.2% over full-year 2006 net production of 3,817 MMcfe.

Due to low gas prices during the third quarter of 2007 and the first two months
of the fourth quarter of 2007, Gasco curtailed some production and delayed
completion and recompletion activity on several wells. Curtailed net volumes are
estimated to be approximately 85 MMcf for the fourth quarter 2007 and 315 MMcfe
for the year. By the end of December 2007, there were no wells shut-in due to
curtailments, although there were some normal well and pipeline and wellhead
freezing problems with the onset of cold weather during the month.

Gas Sales Contracts and Hedging
Gasco signed firm commitments to sell 30,000 million British Thermal Units
(MMBtu) per day of gross gas production from the Uinta Basin in 2008 and 2009.
During the first quarter of 2008, 18,000 MMBtu per day of such amount is
contracted at the Colorado Interstate Gas (CIG) first of month price and the
remaining 12,000 MMBtu per day will be priced at the NW Rockies first of month
price. Beginning in the second quarter of 2008, the entire contracted amount
will be based on NW Rockies first of month price. With firm transportation in
place, Gasco hedged approximately 50% of its estimated net 2008 production. The
Company entered into a 12 month swap agreement beginning January 2008, covering
3,000 MMBtu per day at $6.11 per MMBtu. Gasco also purchased an 11-month collar
beginning February 2008, covering 3,000 MMBtu per day with a floor price of
$6.00 per MMBtu and a price cap of $6.90 per MMBtu. Both contracts are based on
the NW Rockies price.

Mancos Shale Test - Riverbend Project, Utah
Since spudding its first Mancos Shale test well in the second quarter 2007,
Gasco has drilled and completed three wells in the Mancos Shale, is currently
completing one well and is awaiting completion on another three. Gasco continues
to focus on reducing drilling days to improve well economics. The current target
is 20 to 25 days to drill from below surface casing to the Upper Mancos interval
between 13,000 feet and 15,000 feet. The fastest Mancos well was drilled to
14,250 feet in 16 days. Gasco's current plans call for all wells in 2008 to be
drilled to the Upper Mancos.

Mark Erickson, Gasco's President and CEO, said: "We have set the stage for a
strong 2008 by demonstrating the productive potential of the Mancos and locking
in strong natural gas prices, while continuing to make efficiency improvements
in our drilling and completion program. Our initial Mancos results while still
early, have been encouraging. Both the Federal #14-31 and the Federal #21-19
have recent sustained rates of approximately 500 thousand cubic feet (Mcf) per
day, in line with what we would expect at this stage of their productive life.
Estimates of incremental reserves match our early estimates of 0.90 to 1.80
billion cubic feet (Bcf) for a full Mancos completion and 0.60 to 1.20 Bcf for
an Upper Mancos completion. Economically, this will be a big boost to our Uinta
Basin program results going forward. We plan to take 100% of our wells to a
depth sufficient to test at least the Upper Mancos as we continue to learn how
to best drill and complete this deep, high pressure, technically challenging
interval. After enduring extremely low commodity prices in late 2007, I am happy
to report that we have currently hedged approximately 50% of our 2008 production
at more than $6.00 per MMBtu, helping to ensure that cash from operations will
contribute to the funding of a portion of our 2008 capital program."

Drilling Activity
During the fourth quarter of 2007, Gasco spudded four gross wells (0.95 net) and
reached total depth (TD) on six gross wells (1.6 net) in Utah. Three wells
drilled during the quarter were drilled to the Upper Mancos interval between
13,000 feet and 15,000 feet and one was drilled to the Spring Canyon. In 2007
Gasco spudded 25 gross operated wells (9.6 net) and reached TD on 28 gross
operated wells (10.9 net). The company also participated in three (0.25 net)
outside operated wells that were spud and TD'd during the year. Gasco currently
has two rigs under contract, one through April 2010 and the other on a
well-by-well basis.

Completion Activity
During the quarter, Gasco conducted initial completion operations on ten
operated wells (2.9 net). For the year, Gasco conducted initial completion
operations on 23 operated wells (10.1 net) and re-entered one operated well (1.0
net) to complete behind-pipe pay zones. The Company also participated in the
completion of one outside operated well (0.25 net) for the year. At December 31,
2007, Gasco operated 112 gross producing wells and currently has an inventory of
five operated wells awaiting initial completion and 37 wells awaiting up-hole
recompletions.

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Gasco Energy Net Production Detail*
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Three-months Ended Three-months Ended Full Year Ended
Dec. 31, Sept. 30, % Dec. 31, Dec. 31, % Dec.31, Dec. 31, %
2007 2007 Change 2007 2006 Change 2007 2006 Change

Natural Gas / MMcf 1,072 916 17.05% 1,072 1,065 0.7% 4,041 3,687 12.1%
Oil / MBbls 10.2 9.8 4.1% 10.2 6.9 47.8% 40.3 21.6 86.6%
Natural Gas Equivalents / MMcfe 1,134 975 16.3% 1,134 1,106 2.5% 4,283 3,817 12.2%
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*Includes Q407 and FY07 preliminary production estimates. Company estimates may
differ from the actual results to be reported in its forthcoming filing on Form
10-K for the year-ended December 31, 2007.

2007 Results
Gasco expects to release its full-year 2007 results on March 5, 2008. The
Company will schedule a conference call to discuss financial and operational
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