EuroGas Ukraine’s acquisitions

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Thu, Jan 28, 2010
Gas Company News
Post by Melissa Pistilli, Gas Reporter

EuroGas, Inc. (PINKSHEETS: EUGS) (FRANKFURT: EUG) (XETRA: EUG) (HAMB: EUG) (STUT: EUG) today reported the acquisition of three unconventional gas concessions by EuroGas Ukraine Ltd., a 50% owned Ukrainian subsidiary of EuroGas GmbH, a Vienna, Austria based Company, which in turn is a 100% owned subsidiary of McCallan Oil & Gas Ltd., a London, England based private company, in which EuroGas holds a 30% stake with options to increase its shareholding to 100%.

The press release is quoted as saying:

EuroGas is a publicly traded oil and gas company with assets in Ukraine and Poland, as well as talc mining interests in the Slovak Republic. The company’s common stock trades on the Frankfurt, Hamburg and Stuttgart Stock Exchanges and XETRA in Germany under the symbol EUG and on the Other OTC (Pink Sheets) in the United States under the symbol EUGS.

Click here to access the entire press release

Click here to access EuroGas Corporate Site

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