Transeuro Energy

Transeuro Energy has retained Stellar Energy Advisors Ltd. to seek a farm-in partner for assets in the Ukraine and Armenia. The package includes a two-well program in the Karlavskoye, Krasnapolianskoye and Povorotnoye fields in the West and East Crimea areas. Potential net mean reserves are 860 billion cubic feet of gas and condensate with upside of 1.43 trillion cubic feet gas and condensate. For more information, contact Stewart Lee, +44 20 7493 1977.