Transeuro Energy: Ukraine Logging Ongoing at TD

Transeuro Energy Corp. issues an update on its Ukraine operations.

Logging operations are now ongoing at Total Depth (TD) to acquire the standard set of wireline logs, plus a log to identify the location and orientation of natural fractures in the rock, and finally a pressure tool to confirm the reservoir pressures that will also be used to identify the thickness (vertical height) of the gas columns in the wellbore.

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, Armenia, and Ukraine. In addition, the Company holds a back-in option to Eaglewood Energy Inc.’s exploration licenses in Papua New Guinea.

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Source: Transeuro Energy, February 23, 2011;