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Eurogas International Announces Financial Results for the Year Ending December 31, 2008

April 30, 2009

TORONTO, ONTARIO--(Marketwire - April 30, 2009) - Eurogas International Inc. ("Eurogas International" or the "Company") today announced its financial results for the year ending December 31, 2008. Eurogas International has filed its consolidated financial statements and related management's discussion and analysis for the period ended December 31, 2008 with the Canadian securities regulatory authorities on the System for Electronic Document Analysis and Retrieval ("SEDAR"). The Company also filed today on SEDAR the annual disclosure required by National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities for the year ended December 31, 2008. All documentation may be viewed under the Company's profile on SEDAR (www.sedar.com), or by contacting Eurogas International. For more information about Eurogas International please visit the Listings Disclosure Hall at www.cnsx.ca. Eurogas International Inc. is an independent oil and gas exploration company listed on the Canadian National Stock Exchange under the symbol EI. Certain information set forth in this document, including management's assessment of each of the Company's future plans and operations, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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