EUROGAS INC

EUROGAS INC

Previous company name
NORTHAMPTON INC
Name change date
7/3/1992
Company Overview
EuroGas, Inc., formerly Northampton Inc, is engaged in the acquisition of rights to explore for and exploit natural gas, coal bed methane gas, crude oil, mineral mining and co-generation (power and heat) projects. It owns interests in various exploration concessions, as well as involves in various stages of identifying industry partners, farming out exploration rights, undertaking exploration drilling, and seeking to develop production.
Based in Utah, United States, the company has mineral properties in Canada, Eastern Europe, Poland and Slovakia. Activities include a coalbed methane gas project in Poland and a natural gas project in Slovakia. EuroGas, through a joint venture, also engages in the natural gas exploration and development under a license covering 128,000 acres located in the east Slovakian Basin.
Business Summary
EuroGas, Inc. is engaged in the acquisition of rights to explore for and exploit natural gas, unconventional gas, coal bed methane gas, crude oil and minerals. It has acquired interests in exploration concessions and is in various stages of identifying industry partners, farming out exploration rights, undertaking exploration drilling, and seeking to develop production. In January 2010, the Company completed the acquisition of three unconventional gas concessions. In April 2010, the Company acquired additional 25% interest in McCallan Oil & Gas (UK) Ltd., increasing its interest to 55%.
Description and history
EuroGas, Inc. is engaged in the acquisition of rights to explore for and exploit natural gas, unconventional gas, coal bed methane gas, crude oil and minerals. It has acquired interests in exploration concessions and is in various stages of identifying industry partners, farming out exploration rights, undertaking exploration drilling, and seeking to develop production. In January 2010, the Company completed the acquisition of three unconventional gas concessions. In April 2010, the Company acquired additional 25% interest in McCallan Oil & Gas (UK) Ltd., increasing its interest to 55%.

The Company’s wholly owned subsidiary, Beaver River Ltd. has rights in the Beaver River natural gas project, which is operated by the Questerre Energy. The assets of McCallan Oil & GAS (UK) Limited (McCallan) are wholly owned subsidiaries EuroGas Polska sp.zo.o (EuroGas Polska) and EuroGas GmbH (EuroGas Austria). McCallan owns 100 % of EuroGas Polska.

EuroGas Polska owns a 24% interest in joint operating agreement (JOA) operated by Polish Oil & Gas (PGNiG). McCallan is the 100 % owner of EuroGas Austria. EuroGas Austria owns a 33% shareholding in Rozmin s.r.o. (Rozmin).

Formerly Northampton Inc

Business Line
Engaged in the acquisition of rights to explore for and exploit natural gas, coal bed methane gas, crude oil, mineral mining and co-generation (power and heat) projects
Subsidiary
EUROGAS GMBH
Advisor
HANSEN- BARNETT & MAXWELL
IPO date
9/1986
US SIC Code
1311
Company Address
c/o Mabey & Coombs, L.C., Suite 323
3098, South Highland Drive
City province or state postal code
3098, SALT LAKE CITY, UT
Phone: +1 801 467 2021
Fax:
Country address: UNITED STATES OF AMERICA
Website url: www.eurogasinc.com