Transeuro Energy Corp.Transeuro Energy Corp.
TSX-V: TSU   $0.02   unch   Vol: 84030
Date: 09-23-2014   Time: 15:50 EST
Oslo Axess: TSU - link
Transeuro Energy Corp.
Transeuro Energy Corp.
Transeuro Energy Corp.
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Transeuro Energy Corp.

Show printable version of 'NEWS RELEASE -- SEPTEMBER PRODUCTION & POVOROTNOYE...' in a New Window
 October 06, 2011
NEWS RELEASE -- SEPTEMBER PRODUCTION & POVOROTNOYE LICENSE

 Vancouver, Canada: - Transeuro Energy Corp. ("Transeuro" or the "Company") announces that September gas production from the Beaver River field in Canada increased to 2,212,000m3, achieving the forecast of 2,200,000m3.

In Ukraine the process to renew the Povorotnoye license is continuing. The 'Order and Decree from the Cabinet of Ukraine' has been executed and final remaining steps to issue the new license are ongoing. Discussions are continuing with Honoratus Investments to conclude the remaining conditions precedent and to transfer the share interest in the Asset so that drilling preparations can commence.

Transeuro is involved in the acquisition of petroleum and natural gas rights, the exploration for, and development and production of crude oil, condensate and natural gas. The Company's properties are located in Canada and Ukraine. In addition, the Company holds a back-in option to Eaglewood Energy Inc.'s exploration licenses in Papua New Guinea.

On behalf of the Board of Directors
Aage Thoen, Chairman

For further information contact:
Chris McGillivray, IR, +1 604 728 0040
Karen Jenssen, IR, +47 91729787
http://www.transeuroenergy.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Oslo Axess accepts responsibility for the adequacy or accuracy of this release. The statements contained in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from the targeted results. The Company relies upon litigation protection for forward looking statements.
 
 

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