Eurogas Corp.

SPAIN:

09/3/10 7:00:52 AM

ALBERTA:

09/3/10 1:00:52 AM

TSXV: EUG
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Volume: 500

Untitled Document

EXPLORATION & DEVELOPMENT

TUNISIA
Sfax Exploration Permit

Eurogas is executing a strategy to ensure the timely and capital-efficient development of the Sfax Exploration Permit, located along a prolific hydrocarbon fairway in the Gulf of Gabes.

1.0

Million
Acre Permit

$125

Million (US)
Investment by 50%
Farmout Partner,
Delta Hydrocarbons

REB 3

Well
Drilling June-July 2008

EXPLORATION AND DEVELOPMENT

Eurogas and its partners plan to drill the first three exploration wells on two prospects each targeting the El Garia and Douleb/Bireno formations.

FARMOUT

Eurogas' Board of Directors has the combination of experience and expertise to advance its international energy projects.

NEWS

Check back often for news on the progress of the drilling program on the Sfax permit.

2007 Annual Report

www.grupoacs.com