Eurogas International Announces Financial Results for Three Months Ended March 31, 2010

Eurogas International Inc. ("Eurogas International" or the "Company") (CNSX:EI)
today announced its financial results for the three months ended March 31, 2010.
Eurogas International has filed its financial statements and related
management's discussion and analysis for the period ended March 31, 2010 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 at
www.eurogasinternational.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 these documents, including management's
assessment of each of the Company's future plans and operations, contains
forward-looking statements. Forward-looking statements are statements that are
predictive in nature, depend upon or refer to future events or conditions or
include words such as "expects", "anticipates", "intends", "plans", "believes",
"estimates" or similar expressions. 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 Corporation
will derive from them. The Corporation disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law.