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Friday August 11, 11:43 am Eastern Time

Press Release

SOURCE: EuroGas, Inc.

Talc Mine Construction to Commence at Gemerska Poloma
in Eastern Slovakia; Production Slated for mid-2001

EuroGas Owns 57% Interest in Mine Operator Rozmin s.r.o

LONDON, Aug. 11 /PRNewswire/ -- EuroGas, Inc. today announced that its 57% owned Rozmin
s.r.o. unit (http://www.rozmin.sk)
has requested proposals for mine construction at its Gemerska Poloma talc deposit in Eastern
Slovakia.

Rozmin instituted a cut-off date of August 4, 2000 for receipt of construction proposals and
expects to award the contract for
construction by mid-August 2000 for the main decline (tunnel) work to the western part of the
orebody.

The 4.5 x 4-meter size decline at 12% grade will total approximately 1400 meters in length and
is expected to begin by mid-September
2000. Production, at an initial rate of 80,000 tons of talc annually, is scheduled to commence
within six to eight months following the start
of mine construction. Production is expected to increase to 130,000 tons of talc annually within
one year from the start of production.

The Gemerska Poloma Talc Deposit is considered to be one of the richest talc deposits in the
world. The deposit, according to the
Ministry of Environment of the Slovak Republic, contains 146.6 million tons of proven high purity
talc reserves. A comprehensive
feasibility study of the Gemerska Talc Deposit project has been completed.

Rozmin s.r.o has signed a Letter of Intent with Gebruder Dorfner GmbH & Co. (Dorfner)
regarding the future sale and marketing of the
talc industrial mineral from the Gemerska Poloma talc deposit. Over the past one hundred
years, the Dorfner Group has been engaged in
the development and production of talc, kaolin, quartz and feldspar. Dorfner now processes and
markets over 240 industrial minerals
and other products throughout 38 countries.

The Gemerska Poloma talc deposit is 57% owned by Belmont Resources and 43% owned by
Rozmin s.r.o, which in turn in 57%
owned by EuroGas. Under the terms of an agreement between EuroGas and Belmont, Belmont
will finance up to $1 million of EuroGas`
share of the capital expenditures for mine construction, after which the partners will split
expenditures on a pro-rata basis.

About EuroGas:

EuroGas is an international, independent energy company that controls methane gas
concessions in Poland and has oil and gas
exploration and development joint ventures in Canada, Poland, the Slovak Republic, Ukraine,
and in the Sakha Republic. EuroGas, Inc.
common stock is traded on the OTC Bulletin Board under the symbol EUGS, and on the
Frankfurt and Berlin Stock Exchanges under
the symbols EUG.F and EUG.B, respectively. Website: http://www.eugs.com

Statements regarding anticipated oil and gas production and other oil and gas operating
activities, including the costs and timing of those
activities, are ``forward looking statements`` within the meaning of the Securities Litigation
Reform Act. The statements involve risks that
could significantly impact EuroGas, Inc. These risks include, but are not limited to, adverse
general economic conditions, operating
hazards, drilling risks, inherent uncertainties in interpreting engineering and geologic data,
competition, reduced availability of drilling and
other well services, fluctuations in oil and gas prices and prices for drilling and other well
services and government regulation and foreign
political risks, as well as other risks discussed in detail in the EuroGas Inc.`s filings with the
U.S. Securities and Exchange Commission.

SOURCE: EuroGas, Inc.
Friday August 11, 12:14 pm Eastern Time

Press Release

SOURCE: EuroGas, Inc.

EuroGas Submits Revised Merger Offer To Teton Petroleum
Company`s Board of Directors

- EuroGas Common Stock Now Trading on Berlin Stock Exchange -

LONDON, Aug. 11 /PRNewswire/ -- EuroGas, Inc. (OTC Bulletin Board: EUGS - news) today announced that its Board of Directors
has submitted a revised merger offer to Teton Petroleum Company`s Board of Directors. The new offer, which affords both companies
considerably more flexibility to finance the merger than had previously existed, will remain confidential until the Teton Board has had a
chance to review the new terms. The EuroGas Board has declared its interest to schedule a full shareholder vote, assuming the Teton
Board accepts the proposal.

``We have made a revised offer that we believe creates value for Teton shareholders and is fair to EuroGas shareholders,`` said Karl
Arleth, President and CEO of EuroGas. We will bring this proposal to a vote of all EuroGas shareholders as soon as we get a green light
from Teton.``

In addition to the revised offer, EuroGas and Teton Petroleum signed a Stand-Still agreement on July 28, 2000. Both parties have
agreed to a 30-day merger Stand-Still period due to delays in both companies` ability to complete the merger transaction requirements.
The agreement provides an opportunity for both companies to fully explore changing funding opportunities for the Goloil project in
Russia. The agreement will also allow for the completion of the due diligence process. EuroGas and Teton will continue attempts to
negotiate a final merger agreement during the 30-day Stand-still period.

Separately, EuroGas announced that its common stock was listed for trading on the Berlin Stock Exchange on August 2, 2000 under the
symbol EUG.B.

About Eurogas:

EuroGas is an international, independent energy company that controls methane gas concessions in Poland and has oil and gas
exploration and development joint ventures in Canada, Poland, the Slovak Republic, Ukraine, and in the Sakha Republic. EuroGas, Inc.
common stock is traded on the OTC Bulletin Board under the symbol EUGS, and on the Frankfurt and Berlin Stock Exchanges under
the symbols EUG.F and EUG.B, respectively. Website: http://www.eugs.com

Statements regarding anticipated oil and gas production and other oil and gas operating activities, including the costs and timing of those
activities, are ``forward-looking statements`` within the meaning of the Securities Litigation Reform Act. The statements involve risks that
could significantly impact EuroGas, Inc. These risks include, but are not limited to, adverse general economic conditions, operating
hazards, drilling risks, inherent uncertainties in interpreting engineering and geologic data, competition, reduced availability of drilling and
other well services, fluctuations in oil and gas prices and prices for drilling and other well services and government regulation and foreign
political risks, as well as other risks discussed in detail in the EuroGas Inc.`s filings with the U.S. Securities and Exchange Commission.

SOURCE: EuroGas, Inc.
wollten die nicht im Mai eine Pipeline im Osten fertiggestellt haben??
3 neue Meldungen auf der eugs.com Seite. Aber keine Meldung über die Fertigstellung der Pipline im Osten. Ich schätze, die Russen konnten die zur Fertigstellung der Pipline erforderlichen Rohre nicht Termingerecht liefern. Lieferschwierigkeiten sind dort an der Tagesordnung.

Hoffen wir, daß auch hierzu demnächts mal eine Meldung kommt.
Das liest sich aber auch schon mal ganz gut:

Friday August 11, 2:49 pm Eastern Time

Press Release

SOURCE: Teton Petroleum Company

Teton Achieves First Quarter Profits; Announces
Progress With Drilling Well #2

DENVER, Aug. 11 /CNW/ -- Teton Petroleum Company (CDN: TPCO.U) today announces that it has reached a depth of 1,500 feet
drilling Well #2, which will offset Well #43, that is located on the Eguryakskaya license in Western Siberia. The license is located ten
miles north of the giant Samotlor oil field. Teton drilled Well #43 in 1998 and it flowed at a rate of 1,200 barrels a day.

The Company announces that it has earnings of $0.01 per share for the first quarter of 2000 which is reflected on the interim financial
statements.

In addition, EuroGas submitted a larger revised merger offer to Teton Petroleum Company`s board of directors. EuroGas and Teton
Petroleum signed a Stand-Still agreement on July 28, 2000. Both parties have agreed to a 30-day Stand-Still period due to delays in
completing the merger transaction requirements.

Teton, a U.S. based Oil Company, is headquartered in Steamboat Springs, Colorado.

Website: www.tetonpetroleum.com

For further information contact H. Howard Cooper, President at (970) 870-1417 or e-mail at cooper@cmn.net. Investor Relations: Robert
Kennedy, Current Capital (416) 860-0211.

/Web site: http://www.tetonpetroleum.com/


For further information

H. Howard Cooper, President of Teton Petroleum Company, 970-870-1417, cooper@cmn.net
or investor relations, Robert Kennedy, of Current Capital, 416-860-0211
Eurogas hat in den ersten 3 Monaten Oil and Gas Sales
von 1.783.805 Mio $. Net loss 4.119 Mio $.
Das wird nach den Planungen bei nur einem von 5 möglichen Treffern
locker eingespielt............
Wie seht ihr die Meldung (unter www.finance/yahoo.com) zum 30-Tage Stillhalteabkommen bei der
Teton-Übergabe ? Positiv für den Kurs oder genau nicht ?

Für meinen Teil sehe ich die Sache auf dem richtigen Weg, zumal Teton Gewinn ausweist.

Take care, sk
geile arbitrage möglichkeit! berlin und frankfurt klaffen >10% auseinander
Ich kann nur sagen, daß Du das große Geld an der Börse nie verdienen kannst, durch Dein ständiges rein
und raus.


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