| Business Summary | | EuroGas,
Inc.
is
primarily
engaged
in
the
acquisition
of
rights
to
explore
for
and
exploit
natural
gas,
coal-bed
methane
gas,
crude
oil,
talc
and
other
minerals.
The
Company
has
also
extended
its
business
into
co-generation
(power
and
heat)
projects.
The
Company
has
acquired
interests
in
a
number
of
large
exploration
concessions
for
oil,
natural
gas
and
coal-bed
methane
gas,
and
is
in
various
stages
of
identifying
industry
partners,
farming
out
exploration
rights,
undertaking
exploration
drilling
and
seeking
to
develop
production.
The
Company's
projects
include
a
coal-bed
methane
gas
project
in
Poland,
a
natural
gas
project
and
several
additional
undeveloped
concession
areas
in
Slovakia
and
an
interest
in
a
talc
deposit
in
Slovakia.
EuroGas
has
several
joint-venture
projects
in
the
Ukraine
to
explore
for
and
exploit
oil,
natural
gas
and
coal-bed
methane
gas
with
various
Ukrainian
government
and
private
companies.
The
Company
also
has
holdings
in
oil
and
natural
gas
projects
in
Canada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EuroGas,
Inc.
is
primarily
engaged
in
the
acquisition
of
rights
to
explore
for
and
exploit
natural
gas,
coal
bed
methane
gas
and
other
hydrocarbons.
For
the
three
months
ended
3/31/01,
revenues
fell
from
$1.8
million
to
$0.
loss
applicable
to
Common
fell
70%
to
$1.2
million.
Revenues
reflect
the
absense
of
oil
and
gas
revenues
due
to
sale
of
the
Company's
interest
in
Big
Horn.
Lower
loss
reflects
lower
administrative
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Andrew Andraczke, 57 | Pres,
CEO, Director | Borre Dahl | CFO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|