Eurogas Corporation Announces Financial Results for the Quarter Ended September 30, 2009

Eurogas Corporation ("Eurogas" or the "Company")(TSX VENTURE:EUG) today announced its financial results for the quarter ended September 30, 2009. Eurogas has filed its consolidated financial statements and related management's discussion and analysis for the period ended September 30, 2009 with the Canadian securities regulatory authorities on the System for Electronic Document Analysis and Retrieval ("SEDAR"). All documentation may be viewed under the Company's profile on SEDAR (www.sedar.com), the Company website www.eurogascorp.com or by contacting Eurogas.

Eurogas Corporation is listed on the TSX Venture Exchange under the symbol EUG and is engaged directly in the development of a major underground gas storage facility off the east coast of Spain. For more information on Eurogas, visit the website www.eurogascorp.com.

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.

SOURCE: Eurogas Corporation

Eurogas Corporation
c/o Dundee Corporation
28th Floor, Dundee Place
1 Adelaide Street East
Toronto, ON M5C 2V9
Eurogas Corporation
Jaffar Khan
President & CEO
(403) 264-4985
(403) 262-8299 (FAX)
eurogas@eurogascorp.com
www.eurogascorp.com

Related terms: commodity, currency, financial results, gasoline, prices, securities, spain