NOTE 17 - ECONOMIC DEPENDENCE AND MAJOR CUSTOMERS

Trans Energy, Inc. has five customers for the year ended December 31, 2015 and five customers for the year ended December 31, 2014 that represent 100% of its gross oil and gas sales. BD Oil Gathering Corporation is the major purchaser of oil, ARM Energy and Momentum 3, LLC are the major purchasers of gas and Williams Ohio Valley Midstream, LLC is the major purchaser of NGLs of the Company.