High Plains Gas, Inc. (the “Company”) (OTCBB: HPGS) today announced that on March 9, 2012 it entered into a definitive Securities Purchase Agreement with an institutional investor for capital raised via a secured convertible note. The Company received $750,000 in cash from said transaction which the Company intends to utilize for continued expansion of oil field services into North Dakota, Colorado, and Texas.

Chief Executive Officer, Brandon Hargett, stated, “We are excited to secure this funding which will afford our group further leverage for robust growth within the oil field services sector. With additional capital available, we hope to secure significantly larger projects throughout our region. High Plains Gas continues to strive for excellence within the energy services sector.”

About the Company

High Plains Gas, Inc. is a Gillette, Wyoming-based company involved in the active ownership and management of two entities within the energy industry. High Plains Gas, LLC, a wholly owned subsidiary of High Plains Gas, Inc., is actively engaged in the acquisition, development and production of natural gas primarily in the Powder River Basin. In 2011, the Company formed a subsidiary, HPG Services, LLC, focused on providing construction, fabrication, and maintenance services to the energy industry, primarily in the Western United States. In October 2011, HPG Services acquired BGM Buildings, a regional construction company focusing on the erection of steel buildings for use throughout the energy and mining industries. Also in late 2011, HPG Services acquired Miller Fabrication LLC, a regional construction and fabrication firm focusing on providing field services to the energy industry. The combination of these entities has allowed Miller Fabrication to become a regional leader in energy field services and the ability to provide clients with a full array of services for the energy and mining industries. For additional information on High Plains Gas, please visit the Company’s website at http://www.highplainsgas.com/.

Safe Harbor

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.