Exhibit 99.1


Gasco
- ------
Energy




For Release at 8:00 AM EDT on Tuesday, July 8, 2008

                   Gasco Energy Updates Uinta Basin Activities

     -    Record Quarterly Production of 1.3 Bcfe

DENVER - (PR Newswire) - July 8, 2008 - Gasco  Energy,  Inc.  (AMEX:  GSX) today
provided an interim  operations  update on its Riverbend Project in Utah's Uinta
Basin.

Record Quarterly Production
Estimated  cumulative  net  production  for the quarter  ended June 30, 2008 was
1,300 million cubic feet  equivalent  (MMcfe),  an increase of 15.7% over second
quarter 2007 production of 1,124 MMcfe. Net production  increases are attributed
to the completion of new wells and  recompletions  of existing  wells  partially
offset by normal production declines in existing wells.



    Gasco Energy Net Production Detail
                                          Three-months Ended              Six-months Ended
                                   --------------------------------   ---------------------------------
                                    June 30,      June 30,                 June 30,    June 30,
                                      2008*        2007       % Change      2008*        2007      % Change
  ---------------------------------- ----------- -------------- ----------- ----------- ----------- ---------
                                                                                  
  Natural Gas / MMcf                 1,228         1,052        16.7%       2,321       2,053       13.1%
  -------------------------------- ----------- -------------- ----------- ----------- ----------- -----------
  Oil / MBbls                         12.1         11.9          1.7%        22.8        20.3       12.3%
  -------------------------------- ----------- -------------- ----------- ----------- ----------- -----------
  Natural Gas Equivalents / MMcfe    1,300         1,124        15.7%       2,458       2,175       13.0%
  -------------------------------- ----------- -------------- ----------- ----------- ----------- -----------


*Includes preliminary production estimates for the second quarter of 2008

Drilling Activity
During the second quarter of 2008, Gasco spudded two gross wells (0.66 net) and
reached total depth (TD) on five gross wells (1.58 net). Four of the wells
during the quarter were drilled into the Upper Mancos shale and one, the Gate
Canyon State #23-16, was drilled into the top of the Morrison Formation testing
both the entire Mancos section and Dakota at the extreme western edge of the
Company's leasehold position. The Company is currently running two drilling rigs
on its Riverbend project and plans to take all new wells to at least the Upper
Mancos formation. Average time to TD on the last 11 Upper Mancos shale wells is
27.6 days out from surface casing. Drilling engineers continue to improve time
to TD. The Company's last two Mancos shale wells reached TD in 21 days and 16
days out from surface casing, demonstrating the considerable progress that has
been made in achieving the Company's 25-day target for the Upper Mancos wells.
The Company now has 13 wells that have reached total depth within the Mancos
shale, two of which have tested the Dakota Formation.

The GCS #23-16 (25% working interest, Gasco operated), a Dakota and full Mancos
shale interval test, reached TD of 16,610 feet on June 13, 2008. The well
experienced over-pressuring, flares and gas shows in the Mesaverde, Mancos
shale, Dakota and Morrison formations. Preliminary log analysis indicates
reservoir quality sands within the Mesaverde, Dakota and Morrison intervals. The
logs also show silty sections within the Mancos shale, very similar to those


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that have been successfully completed in the Riverbend area. The time to total
depth on this well was 97 days including rig down time which will be the
responsibility of the drilling contractor. There were 27 days classified as down
time while the rig was on the well.

Completion Activity
During the second quarter, Gasco conducted initial completion operations on six
gross wells (1.61 net) and re-entered four gross wells (1.81 net) to complete
behind-pipe pay zones. Gasco has completed eight wells in the Mancos shale
interval since it began targeting the Mancos in mid-2007. Six of the eight wells
are completed or recompleted with additional up-hole pay zones. There are
currently four Mancos shale wells and one Mancos/Dakota/Morrison well awaiting
initial completion.

At June 30, 2008, Gasco operated 122 gross wells. The Company currently has an
inventory of 28 operated wells with up-hole recompletions and four wells
awaiting initial completion activities.

Management Comment
Commenting on Uinta activities, Gasco CEO and President, Mark Erickson said:
"The preliminary results from the Gate Canyon deep test are encouraging. We
believe that we have extended the Mancos shale play to the western part of our
leasehold position. We are currently awaiting delivery of several diagnostic
logs that require additional processing and analysis to design our completion
operations. While initial data are positive, we will need to complete and test
the well before determining the well's commerciality.

"Along with continued reduction in drilling days, a highlight for the quarter
was the improvements we saw in Mancos stimulation. Recent Mancos completions
indicate from initial flow backs that modifications made to the fracture
stimulation design are resulting in higher flow back rates and stronger flowing
pressures which should result in greater reserve recoveries from the Mancos
interval when compared to early Mancos completion results. Reducing drilling
days and improving Mancos completion efficiency are major focuses of our
operations team.

"Oilfield services, which have been tight industry-wide, continue to be
accessible to Gasco. The exception is tubular goods which are expected to become
more available early in the third quarter. We do not expect any material delays
in our operations as a result of a tight tubular market."

Upcoming Investor Conferences
Gasco's Chief Operating Officer Mike Decker and its Chief Financial Officer King
Grant will participate in the Collins Stewart Fourth Annual Growth Conference in
New York on Tuesday, July 8, 2008. Corresponding slides from the conference will
be available at www.gascoenergy.com on that day. There will be no presentation
webcast.

Gasco  will  also host  one-on-one  meetings  for  institutional  investors  and
sell-side  analysts  on Monday,  August 11,  2008 at the Ritz  Carlton  Hotel in
Denver.  Parties  interested in scheduling a meeting time should  contact Coreen
Balek or David Charles at Sierra  Partners by phone at 303-757-2510 or via email
at coreen.balek@sierrapartners.us or david.charles@sierrapartners.us.

Second Quarter 2008 Financial Results
Gasco  expects to announce  its second  quarter  results on August 4, 2008.  The
Company  will  schedule a  conference  call on August 5, 2008 to discuss  second
quarter operational and financial results.

About Gasco Energy
Gasco Energy, Inc. is a Denver-based natural gas and oil exploitation and
development company that focuses on natural-gas-rich prospects in the Rocky
Mountain area of the United States. The Company currently is active in the Uinta
Basin in Utah and controls acreage in the Greater Green River Basin of Wyoming.
To learn more, visit http://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


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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
Annual Report on Form 10-K for the year ended December 31, 2007, filed with the
Securities and Exchange Commission on March 4, 2008.

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



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