Transeuro Energy Corp. ("Transeuro" or the "Company") announces that October gas production from the Beaver River field in Canada was 621,210m3 (average of 20,039m3 per day or 0.7mmcf/d), compared to September production of 994,400m3 (average of 33,147m3 per day or 1.2mmcf/d).

Gas production was shut in on October 20th due to contamination of the main dehydration tower resulting in high dew point (water content) above the required sales gas specification. The equipment required to recondition the tower is not currently in the field and cannot easily be mobilized at this time of year until the ice roads and bridges are commissioned at the end of December.