Gateway Energy Announces New Manager of Engineering and Operations

HOUSTON, Nov. 24 /PRNewswire-FirstCall/ -- Gateway Energy Corporation (OTC Bulletin Board: GNRG) ("the Company") announced today that Jeffrey (Pete) Fisher has been hired to fill the position of Manager of Engineering and Operations.

Prior to joining the Company, Mr. Fisher was the owner and President of Fisher Production Consulting where he worked with ConocoPhillips supervising the construction and maintenance of oil and gas production, treatment and pipeline facilities. His primary responsibility was to ensure that all construction, operations and well intervention work conformed to both OSHA (Occupational Safety and Health Administration) and Texas regulatory agencies standards. In this role Mr. Fisher supervised the construction of 26 production facilities and 32 pipeline systems.

Mr. Fisher's experience also includes four years with Paloma Energy Consultants where he worked primarily in the Gulf of Mexico supervising the installation of compressor packages, pipelines, production facilities and production platforms. In total, Mr. Fisher brings 23 years of pipeline construction and maintenance to the Company.

Mr. Fisher is a veteran of the U.S. Navy where he served as a Corpsman, has an Associates of Science in Oil and Gas Technology from Summit University, is a member of the Society of Petroleum Engineers (SPE), the Brazos Valley American Petroleum Institute and both the VFW and American Legion.

Mr. Fisher fills a recently vacated but previously existing position on the Company's management team.

About Gateway Energy

Gateway Energy Corporation owns and operates natural gas gathering, transportation and distribution systems in Texas, Texas state waters and in federal waters of the Gulf of Mexico off the Texas and Louisiana coasts. Gateway gathers offshore wellhead natural gas production and liquid hydrocarbons from producers, and then aggregates this production for processing and transportation to other pipelines. Gateway also transports gas through its mainline systems for non-affiliated shippers and through its affiliated distribution system and makes sales of natural gas to end users.

Safe Harbor Statement

Certain of the statements included in this press release, which express a belief, expectation or intention, as well as those regarding future financial performance or results, or which are not historical facts, are "forward-looking" statements as that term is defined in the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. The words "expect", "plan", "believe", "anticipate", "project", "estimate", and similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance or events and such statements involve a number of risks, uncertainties and assumptions, including but not limited to industry conditions, prices of crude oil and natural gas, regulatory changes, general economic conditions, interest rates, competition, and other factors. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated in the forward-looking statements, which speak only as of the date hereof. Gateway undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE Gateway Energy Corporation

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