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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): January 12, 2009</B>

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<P align="center" style="font-size: 24pt"><B>NGAS Resources, Inc.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
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    <TD style="border-bottom: 1px solid #000000"><B>Province of British Columbia</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>0-12185</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>Not Applicable</B></TD>
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<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
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    <TD style="border-bottom: 1px solid #000000"><B>120 Prosperous Place, Suite 201<BR>Lexington, Kentucky<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>40509-1844</B></TD>
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<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(859) 263-3948</B>


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    <TD nowrap style="border-bottom: 1px solid #000000"><B>None<BR></B></TD>
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    <TD nowrap>(Former name or former address if changed since last report.)</TD>
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<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="justify" style="font-size: 10pt"><B>Section&nbsp;7. Regulation&nbsp;FD</B>


<P align="justify" style="font-size: 10pt"><B><I>Item&nbsp;7.01 Regulation&nbsp;FD Disclosure</I></B>


<P align="justify" style="font-size: 10pt; text-indent: 4%">On January&nbsp;12, 2009, NGAS Resources, Inc. issued a press release providing updated information on its horizontal
drilling initiatives and capital expenditure plans for 2009. A copy of the press release is included as an exhibit and
is incorporated in this report by reference.


<P align="justify" style="font-size: 10pt"><B><I>Item&nbsp;9.01. Financial Statements and Exhibits</I></B>


<P align="justify" style="font-size: 10pt; text-indent: 4%">(d)&nbsp;<I>Exhibits.</I>

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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press release dated January&nbsp;12, 2009 issued by NGAS Resources, Inc.</TD>
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<P align="center" style="font-size: 10pt"><B>SIGNATURE</B>



<P align="justify" style="font-size: 10pt; text-indent: 4%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, hereunto duly authorized.


<P align="justify" style="font-size: 10pt; margin-left: 51%"><B>NGAS RESOURCES, INC.</B>

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    <TD>By:</TD>
    <TD align="left" valign="top"><B><I>/</I></B><I>s/ William S. Daugherty</I></TD>
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&nbsp;</DIV></TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">William S. Daugherty<br>
President and Chief Executive Officer</TD>
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<P align="justify" style="font-size: 10pt">Date: January&nbsp;12, 2009


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Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 12, 2009
NGAS Resources, Inc.
(Exact name of registrant as specified in its charter)
Province of British Columbia
0-12185
Not Applicable
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
120 Prosperous Place, Suite 201
Lexington, Kentucky
40509-1844
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(859) 263-3948
None
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 7. Regulation FD
Item 7.01 Regulation FD Disclosure
On January 12, 2009, NGAS Resources, Inc. issued a press release providing updated information on its horizontal
drilling initiatives and capital expenditure plans for 2009. A copy of the press release is included as an exhibit and
is incorporated in this report by reference.
Item 9.01. Financial Statements and Exhibits
(d)
Exhibits.
Exhibit
Number
Exhibit
99.1
Press release dated January 12, 2009 issued by NGAS Resources, Inc.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, hereunto duly authorized.
NGAS RESOURCES, INC.
By:
/
s/ William S. Daugherty
William S. Daugherty
President and Chief Executive Officer
Date: January 12, 2009