SOURCE: High Plains Gas

February 18, 2011 10:58 ET

High Plains Gas Inc. Symbol Does Not Change

GILLETTE, WY--(Marketwire - February 18, 2011) - High Plains Gas, Inc. (OTCBB: HPGS) ("HPG" or "the Company"), a Gillette, Wyoming-based energy company actively engaged in the acquisition, development and production of natural gas primarily in the Powder River Basin advised today that due to an error by the company utilized by FINRA to advise brokers of symbol changes, the symbol for High Plains was erroneously reported as "HPGSE" this morning.

FINRA has advised counsel for High Plains that this error will be immediately corrected. Reportedly this error has affected several additional companies today.

The error occurred partially because High Plains Gas changed its fiscal year end to December 31 to more closely relate to its business model. That change was reported on SEC Form 8-K. That changed the due date for High Plains next periodic report on Form 10-K to March 31. FINRA acknowledged this change and advised that the symbol would not change. The correction appears on the "daily list" published by FINRA on www.otcbb.com, but somehow the symbol change was not corrected.

High Plains regrets any confusion this may cause today, but cautions that this has nothing to do with the operations of the Company and this error will be immediately corrected.

About High Plains Gas
High Plains Gas, Inc. is a Gillette, Wyoming-based energy company actively engaged in the acquisition, development and production of natural gas primarily in the Powder River Basin. High Plains' assets consist of over 3,350 Coal Bed Methane Wells with associated flow lines and over 470,000 net acres. These assets and undeveloped acreage represent a significant resource, land position and natural gas production capability. High Plains Gas will pursue expansion opportunities for the profitable production and transmission of natural gas. High Plains Gas believes it has unique expertise and experience in the refurbishment and reactivation of wells that produce natural gas from coal bed methane formations that helps position it strategically in the Powder River Basin.

Statements made about our future expectations are forward-looking statements and subject to risks and uncertainties as described in our most recent filings made with the US Securities and Exchange Commission, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.

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