##### Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-Q
 þ
    
    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the quarterly period ended June 30, 2011
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from  to
 Commission File Number 0-23530
 TRANS ENERGY, INC.
  Nevada
    
    93-0997412(State or other jurisdiction of 
incorporation or organization)
    
    (I.R.S. Employer
Identification No.)
 
  þ o
 o o
  Large accelerated filer o
    
    Accelerated filer o
    
    Non-accelerated filer o
(Do not check if smaller reporting company)
    
    Smaller reporting company þ
 o þ
  Class
    
    Outstanding as of August 18, 2011Common Stock, $0.001 par value
    
    12,874,078




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##### 



Heading
    
    PagePART I. FINANCIAL INFORMATIONItem 1. Financial Statements
    
    
    4Consolidated Balance Sheets  June 30, 2011 (Unaudited) and
December 31, 2010 (Audited)
    
    
    4Consolidated Statements of Operations  Three and Six Months Ended
June 30, 2011 and 2010 (Unaudited)
    
    
    6Consolidated Statement of Stockholders Equity  Six Months
Ended June 30, 2011 (Unaudited)
    
    
    7Consolidated Statements of Cash Flows  Six Months Ended
June 30, 2011 and 2010 (Unaudited)
    
    
    8Notes to Consolidated Financial Statements (Unaudited)
    
    
    9Item 2. Managements Discussion and Analysis of Financial Condition
And Results of Operations
    
    
    18Item 4. Controls and Procedures
    
    
    23PART II OTHER INFORMATIONItem 1. Legal Proceedings
    
    
    24Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
    
    
    24Item 3. Defaults Upon Senior Securities
    
    
    24Item 4. (Removed and Reserved)
    
    
    24Item 5. Other Information
    
    
    24Item 6. Exhibits
    
    
    25Signatures
    
    
    26EX-31.1EX-31.2EX-32.1EX-32.2




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##### Table of Contents



PART I  FINANCIAL INFORMATION
 
  TRANS ENERGY, INC. AND SUBSIDIARIES  
 Consolidated Balance Sheets
 June 30,
    
    
    December 31,2011
    
    
    2010Unaudited
    
    
    AuditedASSETSCURRENT ASSETSCash
    
    $
    5,611,239
    
    
    $
    1,037,941Accounts receivable, trade
    
    
    3,691,513
    
    
    
    1,195,259Accounts receivable, related parties
    
    
    18,500
    
    
    
    18,500Advance Royalties
    
    
    114,098
    
    
    
    99,381Prepaid Expenses
    
    
    57,644
    
    
    
    825,646Accounts receivable due from non-operators, net
    
    
    71,803
    
    
    
    82,964Note receivable
    
    
    
    
    
    
    27,295Derivative assets
    
    
    76,686
    
    
    
    187,590Total Current Assets
    
    
    9,641,483
    
    
    
    3,474,576PROPERTY AND EQUIPMENT, net of accumulated depreciation
of $687,038 and $612,047, respectively
    
    
    1,075,832
    
    
    
    1,148,500OIL AND GAS PROPERTIES, USING SUCCESSFUL EFFORTS ACCOUNTINGProved properties
    
    
    46,786,894
    
    
    
    36,579,636Unproved properties
    
    
    7,079,072
    
    
    
    6,156,188Pipelines
    
    
    1,387,440
    
    
    
    1,387,440Accumulated depreciation, depletion and amortization
    
    
    (10,203,608
    )
    
    
    (7,909,714
    )Oil and gas properties, net
    
    
    45,049,798
    
    
    
    36,213,550OTHER ASSETSDeferred financing costs, net of amortization of $237,500
    
    
    712,500
    
    
    
    Other assets
    
    
    50,952
    
    
    
    50,952763,452
    
    
    
    50,952TOTAL ASSETS
    
    $
    56,530,565
    
    
    $
    40,887,578
  4




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TRANS ENERGY, INC. AND SUBSIDIARIES
Consolidated Balance Sheets

(continued)
 June 30,
    
    
    December 31,2011
    
    
    2010Unaudited
    
    
    AuditedLIABILITIES AND STOCKHOLDERS EQUITYCURRENT LIABILITIESAccounts payable, trade
    
    $
    8,916,651
    
    
    $
    3,850,278Accounts and notes payable, related party
    
    
    2,150
    
    
    
    2,150Accrued expenses
    
    
    2,018,055
    
    
    
    1,494,493Revenue payable
    
    
    2,882,135
    
    
    
    Income tax payable
    
    
    700,000
    
    
    
    450,000Notes payable  current
    
    
    13,081,587
    
    
    
    17,377,479Total Current Liabilities
    
    
    27,600,578
    
    
    
    23,174,400LONG-TERM LIABILITIESNotes payable, net
    
    
    10,211
    
    
    
    20,818Asset retirement obligations
    
    
    235,198
    
    
    
    219,478Total Long-Term Liabilities
    
    
    245,409
    
    
    
    240,296Total Liabilities
    
    
    27,845,987
    
    
    
    23,414,696COMMITMENTS AND CONTINGENCIES
    
    
    
    
    
    
    STOCKHOLDERS EQUITYPreferred stock; 10,000,000 shares
authorized at $0.001 par value; -0-
shares issued and outstanding
    
    
    
    
    
    
    Common stock; 500,000,000 shares
authorized at $0.001 par value;
12,874,078 and 12,737,328 shares issued,
respectively, and 12,872,078 and
12,735,328 shares outstanding,
respectively
    
    
    12,874
    
    
    
    12,737Additional paid-in capital
    
    
    38,721,967
    
    
    
    38,256,340Treasury stock, at cost, 2,000 shares
    
    
    (1,950
    )
    
    
    (1,950
    )Accumulated deficit
    
    
    (10,048,313
    )
    
    
    (20,794,245
    )Total Stockholders Equity
    
    
    28,684,578
    
    
    
    17,472,882TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
    
    $
    56,530,565
    
    
    $
    40,887,578
  5




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TRANS ENERGY, INC. AND SUBSIDIARIES


Consolidated Statements of Operations

(Unaudited)
 For the Three Months Ended
    
    
    For the Six Months EndedJune 30,
    
    
    June 30,2011
    
    
    2010
    
    
    2011
    
    
    2010REVENUES
    
    $
    3,894,316
    
    
    $
    1,502,711
    
    
    $
    5,524,415
    
    
    $
    2,610,070COSTS AND EXPENSESProduction Costs
    
    
    840,321
    
    
    
    560,999
    
    
    
    1,266,408
    
    
    
    1,197,714Depreciation, depletion,
amortization and accretion
    
    
    1,850,178
    
    
    
    593,945
    
    
    
    2,403,920
    
    
    
    1,143,720Selling, general and
administrative
    
    
    1,581,112
    
    
    
    626,799
    
    
    
    2,642,890
    
    
    
    1,258,975Total costs and expenses
    
    
    4,271,611
    
    
    
    1,781,743
    
    
    
    6,313,218
    
    
    
    3,600,409Gain (loss) on sale of assets
    
    
    
    
    
    
    
    
    
    
    12,624,365
    
    
    
    (184
    )INCOME (LOSS) FROM OPERATIONS
    
    
    (377,295
    )
    
    
    (279,032
    )
    
    
    11,835,562
    
    
    
    (990,523
    )OTHER INCOME (EXPENSES)Interest Income
    
    
    221
    
    
    
    4,191
    
    
    
    468
    
    
    
    9,799Interest Expense
    
    
    (442,923
    )
    
    
    (817,963
    )
    
    
    (850,117
    )
    
    
    (1,368,978
    )Gain on derivative contracts
    
    
    12,654
    
    
    
    103,105
    
    
    
    10,019
    
    
    
    153,796Total other income (expenses)
    
    
    (430,048
    )
    
    
    (710,667
    )
    
    
    (839,630
    )
    
    
    (1,205,383
    )NET INCOME (LOSS) BEFORE INCOME TAXES
    
    
    (807,343
    )
    
    
    (989,699
    )
    
    
    10,995,932
    
    
    
    (2,195,906
    )INCOME TAXES
    
    
    (20,000
    )
    
    
    
    
    
    
    250,000
    
    
    
    NET INCOME (LOSS)
    
    $
    (787,343
    )
    
    $
    (989,699
    )
    
    $
    10,745,932
    
    
    $
    (2,195,906
    )NET INCOME (LOSS) PER SHARE  BASIC
    
    $
    (0.06
    )
    
    $
    (0.08
    )
    
    $
    0.84
    
    
    $
    (0.18
    )NET INCOME (LOSS) PER SHARE  DILUTED
    
    $
    (0.06
    )
    
    $
    (0.08
    )
    
    $
    0.80
    
    
    $
    (0.18
    )WEIGHTED AVERAGE SHARES  BASIC
    
    
    12,736,831
    
    
    
    12,531,078
    
    
    
    12,736,084
    
    
    
    12,308,914WEIGHTED AVERAGE SHARES  DILUTED
    
    
    12,736,831
    
    
    
    12,531,078
    
    
    
    13,410,084
    
    
    
    12,308,914
  6




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TRANS ENERGY, INC. AND SUBSIDIARIES  Consolidated Statement of Stockholders Equity
For the Six Months Ended June 30, 2011
(Unaudited)
 AdditionalCommon Stock
    
    
    Paid in
    
    
    Treasury
    
    
    AccumulatedShares
    
    
    Amount
    
    
    Capital
    
    
    Stock
    
    
    Deficit
    
    
    TotalBalance, Dec. 31, 2010
    
    
    12,737,328
    
    
    $
    12,737
    
    
    $
    38,256,340
    
    
    $
    (1,950
    )
    
    $
    (20,794,245
    )
    
    $
    17,472,882Issuance of common stock
    
    
    50,000
    
    
    
    50
    
    
    
    48,950
    
    
    
    
    
    
    
    
    
    
    
    49,000Shares issued for services
    
    
    86,750
    
    
    
    87
    
    
    
    237,763
    
    
    
    
    
    
    
    
    
    
    
    237,850Stock option compensation expense
    
    
    
    
    
    
    
    
    
    
    178,914
    
    
    
    
    
    
    
    
    
    
    
    178,914Net Income
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    10,745,932
    
    
    
    10,745,932Balance, June 30, 2011
    
    
    12,874,078
    
    
    $
    12,874
    
    
    $
    38,721,967
    
    
    $
    (1,950
    )
    
    $
    (10,048,313
    )
    
    $
    28,684,578
  7




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TRANS ENERGY, INC. AND SUBSIDIARIES


Consolidated Statements of Cash Flows
 (Unaudited)
 For the Six Months EndedJune 30,2011
    
    
    2010CASH FLOWS FROM OPERATING ACTIVITIES:Net income (loss)
    
    $
    10,745,932
    
    
    $
    (2,195,906
    )Adjustments
to reconcile net income (loss) to net cash provided (used) by operating activities:Depreciation, depletion, amortization and accretion
    
    
    2,403,920
    
    
    
    1,143,720Amortization of financing cost and debt discount
    
    
    
    
    
    
    251,092Share-based compensation
    
    
    416,764
    
    
    
    94,314(Gain) loss on sale of assets
    
    
    (12,624,365
    )
    
    
    184Amortization of financing cost
    
    
    237,500
    
    
    
    Unrealized loss on derivative contracts
    
    
    110,904
    
    
    
    3,140Changes in operating assets and liabilities:Accounts receivable, trade
    
    
    (2,496,254
    )
    
    
    (21,496
    )Accounts receivable, related parties
    
    
    
    
    
    
    18,500Accounts receivable due from non-operator, net
    
    
    11,161
    
    
    
    (1,355,916
    )Prepaid expenses and other current assets
    
    
    753,285
    
    
    
    Accounts payable and accrued expenses
    
    
    5,091,823
    
    
    
    (843,026
    )Revenue payable
    
    
    2,882,135
    
    
    
    Income tax payable
    
    
    250,000
    
    
    
    Net cash provided (used) by operating activities
    
    
    7,782,805
    
    
    
    (2,905,394
    )CASH FLOWS FROM INVESTING ACTIVITIES:Collections on note receivable
    
    
    27,295
    
    
    
    155,586Proceeds from sale of assets
    
    
    13,782,281
    
    
    
    1,500Expenditures for oil and gas properties
    
    
    (12,009,262
    )
    
    
    (925,632
    )Expenditures for property and equipment
    
    
    (27,322
    )
    
    
    (55,406
    )Net cash provided (used) by investing activities
    
    
    1,772,992
    
    
    
    (823,952
    )CASH FLOWS FROM FINANCING ACTIVITIES:Issuances of common stock
    
    
    49,000
    
    
    
    Proceeds from notes payable
    
    
    
    
    
    
    52,756Payments on notes payable
    
    
    (5,031,499
    )
    
    
    (49,575
    )Net cash (used) provided by financing activities
    
    
    (4,982,499
    )
    
    
    3,181NET CHANGE IN CASH
    
    
    4,573,298
    
    
    
    (3,726,165
    )CASH, BEGINNING OF PERIOD
    
    
    1,037,941
    
    
    
    4,602,170CASH, END OF PERIOD
    
    $
    5,611,239
    
    
    $
    876,005SUPPLEMENTAL DISCLOSURES FOR CASH FLOW INFORMATION:Cash paid for interest
    
    $
    430,117
    
    
    $
    1,151,093Cash paid for income taxes
    
    
    
    
    
    
    Non-cash investing and financing activities:Accrued expenditures for oil and gas properties
    
    
    273,113
    
    
    
    4,730,292Reclass from accrued expenses to notes payable
    
    
    725,000
    
    
    
    Conversion of related party debt to common stock
    
    
    
    
    
    
    578,858Increase in asset retirement obligation
    
    
    5,683
    
    
    
    Accrued expenditures for debt refinancing
    
    
    920,000
    
    
    
    
  8




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TRANS ENERGY, INC. AND SUBSIDIARIES
 
 Notes to Consolidated Financial Statements
(Unaudited)
 NOTE 1  BASIS OF FINANCIAL STATEMENT PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
   Nature of Operations and Organization
  Principles of Consolidation
  Use of Estimates
  9




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Cash
  Receivables
  Asset Retirement Obligations
   2011
    
    
    2010Asset retirement obligations at beginning of period
    
    $
    219,478
    
    
    $
    202,366Liabilities incurred during the period
    
    
    5,683
    
    
    
    Accretion expense
    
    
    10,037
    
    
    
    8,556Asset retirement obligations at end of period
    
    $
    235,198
    
    
    $
    210,922
  Income Taxes
   Commitments and Contingencies
  10




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Revenue and Cost Recognition
    Fair Value of Financial Instruments
  Basis of Fair Value Measurement
 Level 1
    
    Observable inputs that reflect quoted prices (unadjusted) for
identical assets or liabilities in active markets.Level 2
    
    Inputs reflect quoted prices for identical assets or liabilities
in markets that are not active; quoted prices for similar assets
or liabilities in active markets; inputs other than quoted prices
that are observable for the asset or the liability; or inputs that
are derived principally from or corroborated by observable market
data by correlation or other means.Level 3
    
    Unobservable inputs reflecting Trans Energys own assumptions
incorporated in valuation techniques used to determine fair value.
These assumptions are required to be consistent with market
participant assumptions that are reasonably available.
 11




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As of June 30, 2011Fair Value Measurements Using:Quoted
    
    
    SignificantPrices
    
    
    Other
    
    
    Significantin Active
    
    
    Observable
    
    
    UnobservableCarrying
    
    
    Total
    
    
    Markets
    
    
    Inputs
    
    
    InputsAmount
    
    
    Fair Value
    
    
    (Level 1)
    
    
    (Level 2)
    
    
    (Level 3)Financial Assets:Derivative assets
    
    $
    76,686
    
    
    $
    76,686
    
    
    $
    
    
    
    $
    76,686
    
    
    $
    
 As of June 30, 2011Fair Value Measurements Using:Quoted
    
    
    SignificantPrices
    
    
    Other
    
    
    Significantin Active
    
    
    Observable
    
    
    UnobservableCarrying
    
    
    Total
    
    
    Markets
    
    
    Inputs
    
    
    InputsAmount
    
    
    Fair Value
    
    
    (Level 1)
    
    
    (Level 2)
    
    
    (Level 3)Financial Assets:Derivative assets
    
    $
    187,590
    
    
    $
    187,590
    
    
    $
    
    
    
    $
    187,590
    
    
    $
    
 NOTE 2  GOING CONCERN
  12




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NOTE 3  NOTE RECEIVABLE
  NOTE 4  ACCOUNTS RECEIVABLE DUE FROM NON-OPERATORS
  NOTE 5  OIL AND GAS PROPERTIES
  NOTE 6  SALE OF OIL AND GAS ACREAGE
  NOTE 7  DERIVATIVE AND OTHER HEDGING INSTRUMENTS
   Natural Gas Derivatives
  13




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AverageStart
    
    End
    
    
    Volume
    
    
    FloorMonth
    
    Month
    
    
    MMBTU/Month
    
    
    $/MMBTUJul. 11
    
    Dec. 11
    
    5,244
    
    
    $7.350
  Oil Derivatives
  Start
    
    End
    
    
    Volume
    
    
    Floor
    
    
    CeilingMonth
    
    Month
    
    
    BBL/Month
    
    
    $/BBL
    
    
    $/BBLJul. 11
    
    Dec. 11
    
    449
    
    
    $100
    
    
    $172
   Gas Purchase Agreements
  NOTE 8  NOTES PAYABLE
     14




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NOTE 9  STOCKHOLDERS EQUITY
   15




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NOTE 10  EARNINGS PER SHARE
    16




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For the Six Months EndedJune 30,2011
    
    
    2010Weighted average number of common shares outstanding
Used in the basic earnings per common share calculations
    
    
    12,736,080
    
    
    
    12,308,914Dilutive effect of stock options
    
    
    674,004
    
    
    
    0Weighted average number of common shares outstanding
adjusted for effective of dilutive options and warrants
    
    
    13,410,084
    
    
    
    12,308,914
  NOTE 11  BUSINESS SEGMENTS
   For theThreeMonths
    
    
    ExplorationEnded June
    
    
    and
    
    
    Pipeline30,
    
    
    Production
    
    
    Transmission
    
    
    Corporate
    
    
    TotalRevenue
    
    
    2011
    
    
    $
    3,798,469
    
    
    $
    85,487
    
    
    $
    10,360
    
    
    $
    3,894,3162010
    
    
    
    1,393,663
    
    
    
    80,855
    
    
    
    28,193
    
    
    
    1,502,711Income (loss) from
    
    
    2011
    
    
    
    1,110,484
    
    
    
    82,916
    
    
    
    (1,570,695
    )
    
    
    (377,295
    )operations
    
    
    2010
    
    
    
    386,710
    
    
    
    (63,897
    )
    
    
    (601,845
    )
    
    
    (279,032
    )Interest expense
    
    
    2011
    
    
    
    442,923
    
    
    
    
    
    
    
    
    
    
    
    442,9232010
    
    
    
    817,963
    
    
    
    
    
    
    
    
    
    
    
    817,963Depreciation, depletion,
    
    
    2011
    
    
    
    1,847,662
    
    
    
    2,516
    
    
    
    
    
    
    
    1,850,178amortization and accretion
    
    
    2010
    
    
    
    591,238
    
    
    
    2,707
    
    
    
    
    
    
    
    593,945Property and equipment
    
    
    2011
    
    
    
    5,125,815
    
    
    
    
    
    
    
    
    
    
    
    5,125,815acquisitions, including
    
    
    2010
    
    
    
    3,652,329
    
    
    
    
    
    
    
    
    
    
    
    3,652,329oil and gas properties
 17




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For the SixMonthsEnded
    
    
    ExplorationJune
    
    
    and
    
    
    Pipeline30,
    
    
    Production
    
    
    Transmission
    
    
    Corporate
    
    
    TotalRevenue
    
    
    2011
    
    
    $
    5,253,094
    
    
    $
    245,043
    
    
    $
    26,278
    
    
    $
    5,524,4152010
    
    
    
    2,372,219
    
    
    
    182,166
    
    
    
    55,685
    
    
    
    2,610,070Income (loss) from
    
    
    2011
    
    
    
    14,212,162
    
    
    
    239,956
    
    
    
    (2,616,556
    )
    
    
    11,835,562operations
    
    
    2010
    
    
    
    357,423
    
    
    
    (141,232
    )
    
    
    (1,206,714
    )
    
    
    (990,523
    )Interest expense
    
    
    2011
    
    
    
    850,117
    
    
    
    
    
    
    
    
    
    
    
    850,1172010
    
    
    
    1,368,978
    
    
    
    
    
    
    
    
    
    
    
    1,368,978Depreciation, depletion,
    
    
    2011
    
    
    
    2,398,888
    
    
    
    5,032
    
    
    
    
    
    
    
    2,403,920amortization and accretion
    
    
    2010
    
    
    
    1,138,304
    
    
    
    5,416
    
    
    
    
    
    
    
    1,143,720Property and equipment
    
    
    2011
    
    
    
    12,315,380
    
    
    
    
    
    
    
    
    
    
    
    12,315,380acquisitions, including
    
    
    2010
    
    
    
    5,711,330
    
    
    
    
    
    
    
    
    
    
    
    5,711,330oil and gas propertiesTotal assets, net of intercompany
accounts:June 30, 2011
    
    
    
    
    
    $
    56,124,790
    
    
    $
    405,775
    
    
    $
    
    
    
    $
    56,530,565December 31, 2010
    
    
    
    
    
    $
    40,530,099
    
    
    $
    357,479
    
    
    $
    
    
    
    $
    40,887,578
  
 Item 2. Managements Discussion and Analysis of Financial Condition and Results of Operations
  18




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##### Table of Contents



Results of Operations
 Three months ended June 30, 2011 compared to June 30, 2010
  Three months endedJune 30,2011
    
    
    2010Total revenues
    
    
    100
    %
    
    
    100
    %Total costs and expenses
    
    
    (110
    %)
    
    
    (119
    %)Gain (loss) on sale of assets
    
    
    (0
    %)
    
    
    0
    %Loss from operations
    
    
    (10
    %)
    
    
    (19
    %)Other expenses
    
    
    (11
    %)
    
    
    (47
    %)Income taxes
    
    
    1
    %
    
    
    -0-Net loss
    
    
    (20
    %)
    
    
    (66
    %)
    19




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##### Table of Contents



Six months ended June 30, 2011 compared to June 30, 2010
  Six months endedJune 30,2011
    
    
    2010Total revenues
    
    
    100
    %
    
    
    100
    %Total costs and expenses
    
    
    (114
    %)
    
    
    (138
    %)Gain (loss) on sale of assets
    
    
    229
    %
    
    
    0
    %Income (loss) from operations
    
    
    215
    %
    
    
    (38
    %)Other expenses
    
    
    (15
    %)
    
    
    (46
    %)Income taxes
    
    
    (5
    %)
    
    
    -0-Net loss
    
    
    195
    %
    
    
    (84
    %)
    20




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##### Table of Contents



Liquidity and Capital Resources
      21




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##### Table of Contents



Critical accounting policies
  Inflation
  Forward-looking and Cautionary Statements
  22




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##### Table of Contents




    
    the ability to continue as a going concern;
    
    the sufficiency of existing capital resources and our ability to raise additional
capital to fund cash requirements for future operations;
    
    uncertainties involved in the rate of growth of our business and acceptance of any
products or services;
    
    success of our drilling activities;
    
    production volumes;
    
    realized natural gas and oil prices;
    
    volatility of the stock market, particularly within the energy sector; and
    
    general economic conditions.
  
 Item 4. Controls and Procedures
    23




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##### Table of Contents



PART II
 
 Item 1. Legal Proceedings
  Trans Energy, Inc., et al. v. EQT
Corporation
  
 Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds
  
 Item 3.  Defaults Upon Senior Securities
  
 Item 4. (Removed and Reserved)
 
 Item 5. Other Information
  24




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##### Table of Contents



Item 6. Exhibits
 Exhibit 31.1
    
    Certification of Principal Executive Officer Pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.Exhibit 31.2
    
    Certification of Chief Financial Officer Pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.Exhibit 32.1
    
    Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section
1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.Exhibit 32.2
    
    Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as
Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
 25




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##### Table of Contents



TRANS ENERGY, INC.Date:  August 22, 2011
    By
    /s/ John G. CorpJOHN G. CORPPrincipal Executive OfficerDate:  August 22, 2011
    By

/s/ John  S. TumisJOHN  S. TUMISChief Financial Officer 26