GREENHUNTER ENERGY TO PRESENT AT
THE  WALL STREET ANALYST FORUM

GRAPEVINE, TEXAS, March 26, 2008 – Gary C. Evans, founder and CEO of GreenHunter
Energy, Inc. (AMEX: GRH), will present today at 1:20 PM Eastern Daylight Time to the Wall Street Analyst Forum in New York, New York. 

The presentation will be webcast live at http://www.wsw.com/webcast/wsaf6/grh/.  The presentation will be available at the same website for 30 days after the event.
 
Evans speaks from the unique perspective of a successful former oil and gas operator who has “jumped the fence” to assemble a portfolio of alternative energy production businesses, including building the largest U.S. biodiesel refinery located in Houston, developing wind farms in the Midwest and Western states, and upgrading a biomass electrical generation plant located in Southern California that will be fueled by cow manure and wood waste.

Evans was founder and CEO of Magnum Hunter Resources, a highly successful NYSE listed oil and gas exploration and production company that Evans started with $1,000 in 1985 and sold for $2.2 billion in June 2005 to Cimarex Energy (“XEC”).

GreenHunter Energy, Inc. (AMEX: GRH) is a publicly traded portfolio company of renewable fuels and power businesses.  GreenHunter BioFuels, a wholly-owned subsidiary of GreenHunter Energy, Inc., is in the final stages of completing construction activities at the Company’s Renewable Fuels Campus which includes the country’s largest biodiesel refinery at 105 million gallon per year, a 700,000 barrel bulk liquid terminal operation, and a 200 million pound per year glycerin refinery.  The initial operation of this “state-of-the-art” facility is planned for early April 2008.

GreenHunter Wind Energy, a wholly-owned subsidiary of GreenHunter Energy, Inc., currently has ownership interest in six wind energy projects under various forms of development located in the states of Montana, California, and New Mexico.  GreenHunter BioPower, a wholly-owned subsidiary of GreenHunter Energy, Inc., also owns an 18.5 Mw biomass project located in the Imperial Valley of Southern California.

Forward-Looking Statements

Any statements in this press release about future expectations and prospects for GreenHunter Energy and its business and other statements containing the words “believes”, “anticipates”, “plans”, “expects”, “will” and similar expressions constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the substantial capital expenditures required to fund its operations, the ability of the Company to implement its business plan, government regulation and competition. GreenHunter Energy undertakes no obligation to update these forward-looking statements in the future.

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For Further Information Contact:

GreenHunter Energy, Inc.
Jack Zedlitz
1048 Texan Trail, Grapevine, TX 76051
Tel: (972) 410-1044