Month: September 2008

PRESS RELEASE
Office of Assemblymember Paul Krekorian
Adrin Nazarian, Chief of Staff
620 N. Brand Blvd. Suite 403
Glendale, CA 91203
(818) 240-6330
(818) 240-4632 fax
[email protected]

September 2, 2008

Assemblymember Krekorian and City Councilmember Greuel
Co-Host Inaugural San Fernando Valley Community Fair

Los Angeles, CA – Calling it a "fun-filled, family oriented, educational
event that highlights why the San Fernando Valley is such a great place
to live," Assemblymember Paul Krekorian (D-Burbank) announced that he
and Los Angeles City Councilmember Wendy Greuel (2nd District) will
co-host a Valley Community Fair, between 1:00 – 6:00 p.m., Sunday,
September 28, 2008, at Grant High School, 13000 Oxnard, Valley Glen.

"The Fair will offer free refreshments, an adopt-a-pet area, a
shade-tree giveaway, music, and entertainment for the whole family,"
Assemblymember Krekorian said. Further, he noted, booths will provide
information about community and non-profit groups, and state and city
resources and services.

"This will be a great opportunity for people to spend an afternoon in
the sun, enjoying the attractions and learning more about public,
non-profit and private sector services," Councilmember Greuel said. "We
expect a large and enthusiastic crowd of friends and neighbors to turn
out and celebrate Valley living and community spirit."

Both legislators urged local and regional non-profit, civic, state and
local agencies to set up informational booths. For further information,
please contact Assemblymember Krekorian’s District Service Office
(818/240-6330).

# # #

TRANSEUROENERGY
500 ` 900 West Hastings Street
Vancouver, B.C. V6C 1E5

Transeuro and Questerre Commence Liard Shale Gas Test
August 27, 2008 TSX-V/ Oslo Axess: TSU

Vancouver, Canada: – Transeuro Energy Corp. (`Transeuro’, or the
`Company’) and Questerre Energy Corporation (`Questerre’) announced
today that joint operations are under way to test the deeper shale’s
in the Liard basin, northeast British Columbia, Canada. These shale’s
are Mississippian in age and are located approximately 100 km to the
east of the Horn River shale play.

There are two existing producing tight gas/shale wells (A2 and A7)
which Transeuro and Questerre both have 50% ownership and that
Questerre has operated for over two years with relatively low decline
rates. Compression was recently added to A2 with very promising
initial results. Production from the A2 increased to over 4.0mmcf per
day which is near its original peak production rate of 4.5mmcf per
day. The continued good production performance of these shallower
wells together with recent work by Questerre and Transeuro indicate
that there isalso strong potential for the deeper Devonian
shale’s. Gas in place numbers for this area for the Mississippian
siltstone/shale sequence are confirmed at over 1 tcf per section
(discovered resource) based on independent work by Nederland, Sewel &
Associates Inc. Transeuro has a 50% interest in 35 sections with take
away capacity in place.

The current operation is a re -entry of the A5 well. Three intervals
will be perforated and minor stimulations will be conducted to
evaluate reservoir and rock mechanical properties prior to an inflow
test. The gross thickness of these prospective deeper shale’s that are
confirmed with good gas shows are in excess of 500m and these tests
will assist in identifying the net productive reservoir intervals. If
the results of the inflow tests are promising, a full stimulation will
be carried out in a future operation to test for commercial flow
rates.

Michael Binnion, President of Questerre commented "We have great
control of land and infrastructure in this area. Expertise gained from
our Quebec shale play has allowed us to re-evaluate our past results
. We believe we have been able to correlate the results to particular
shale qualities which greatly encourage us that a predictive model can
be created. The very high gas in place numbers and promising
production results from our two wells in the Liard shale’s make this
test very interesting."

Hal Hemmerich, President of Transeuro commented `We are excited about
the prospects of the Liard basin shale and we see the similarities to
the Horn River shale. The license has six existing well bores, the
surface infrastructure and the export line that all add significant
commercial advantage. We also see the value in the continuation of the
development of the upper shale’s which have produced strongly over the
past two years and believe this work program will highlight the shale
commerciality in the Liard Basin.’

This resource is not classified as reserves, contingent resources or
unrecoverable resources at this time until determination of the
appropriate completion and stimulation techniques and the determining
of areas of maximum natural fracturing to maximize recovery of this
discovered resource. There is no certainty that it will be
economically viable or technically feasible to produce any portion of
the reported discovered resource.

Discovered resources are defined in the COGE Handbook, `Discovered
resources are those quantities of oil and gasestimated on a given date
to be remaining in, plus those quantities already produced from, known
accumulations. Discovered resources are divided into economic and
uneconomic categories, with the estimated future recoverable portion
classified as reserves and contingent resources, respectively."

Transeuro Energy Corp. is involved in the acquisition of petroleum and
natural gas rights, the exploration for, and development and
production of crude oil, condensate and natural gas. The Company’s
properties are located in Canada, Armenia , Ukraine and, through
majority ownership in Eaglewood Energy Inc, in Papua New Guinea.

On behalf of the Board of Directors
`Harold Hemmerich’ President and CEO

For further information contact:
David Parry – Vancouver, Canada Karen O. Jenssen ` Oslo, Norway
+1 (604) 681 3939 Phone + 47 917 29 787

[email protected]

The TSX Venture Exchange has not reviewed, and does not accept
responsibility for the adequacy or accuracy of the content of this
news release. This press release does not constitute an offer to sell
or solicitation of an offer to sell any of the securities in th e
United States.

The statements contained in this release that are not historical facts
are forward-looking statements, which involve risks and uncertainties
that could cause actual results to differ materially from the targeted
results. The Company relies upon litigation protection for forward
looking statements.

Barrel of oil equivalent (`boe’) amounts may be misleading,
particularly if used in isolation. A boe conversion ratio has been
calculated using a conversion rate of six thousand cubic feet of
natural gas to one barrel and is based on an energy equivalent
conversion method application at the burner tip and does not
necessarily represent an economic value equivalent at the wellhead.

SHUSHAN PETROSIAN’S HUSBAND RAILS IN COURTROOM

A1+
[04:04 pm] 01 September, 2008

Today the Court of General Jurisdiction of Kentron and Nork-Marash
districts started the trial of former Deputy Prosecutor General Gagik
Jhangirian. The latter is accused under Article 316 of the Criminal
Code /violence against a government representative/.

The court-sitting was presided over by Jora Vardanian. The presentees
welcomed Gagik Jhangirian with warm applause and acclamation.

Employees of the sixth department could be seen in the front rows. They
had come to support their fellow co-worker, Armenian singer Shushan
Petrossian’s husband Arman Harutiunian who presents the – injured
party.

During Jhangirian’s speech Arman Harutiunian stood up and began
railing at Jhangirian’s relatives. He calmed down only after the
police forced Harutiunian off the court room.

Taking into account the incident and the fact that the judge’s son
is involved in the Investigation group Advocate Lusine Sahakian
demanded Jora Vardanian’s resignation. The judge retired to the
consultation room.

In his addressing speech Gagik Jhangirian said "the Goddess of Justice
has abandoned Armenia as not only the executive but also the judicial
powers are usurped in the country," he said.

PM TIGRAN SARKISIAN TO LEAVE FOR ARTSAKH

A1+
[04:55 pm] 01 September, 2008

On September 2 Armenia’s Prime Minister Tigran Sarkisian will leave
for the Nagorno Karabakh Republic to participate in the celebration
of the 17th anniversary of the proclamation of NKR independence.

The delegation headed by the Armenian Premier comprises the Ministers
of Finance, Economy, Transport and Communication, other top-level
officials, reports the Information and Public Relation Department of
the RoA Government.

ARMENIA BUYS PETROL FROM GEORGIAN PRIVATE COMPANIES

Panorama.am
18:38 01/09/2008

Armenia buys petrol from a Georgian company which conveys it to the
state borders, co-chairman of Armenian-Georgian inter-parliamentary
committee deputy of the National Assambly Volodya Badalyan said during
a press-conference.

"This private company has all the rights to sell petrol not only to
Armenian but to Georgian side as well," Badalyan added.

Meanwhile, he noted that from 2800 tonnes of petrol stipulated for
Armenian market, only 1800 tonnes were imported in the country,
the rest was bought by Georgian side.

Questioned about security measures, V.Badalyan said nobody could
guarantee one’s safety in the state of war; it is known that a group
of experts and journalists that had to arrive in Batoumi after railway
bridge explosion was left by its’ guides on a half-way.

"Nobody gave us any assurances.Only Armenian journalists worked at
the place, no foreign reporter ever went there," V. Badalyan added.

ARMEN GEVORGYAN IS IN CHINA

Panorama.am
19:11 01/09/2008

The delegation headed by Deputy Prime-minister and Minister of
Territorial Administration Armen Gevorgyan is making a three-day
visit to the Republic of China.

According to the Ministry of Territorial Administration, A.Gevorgyan’s
delegetion will meet with vice-president of China state council,
the minister of Trade, and with the authorities of Cillin state to
dicuss the issues of mutually beneficial collaboration.

The delegation will also take part in trade-investment fair-exposition
organized in the city of Changchun, where Armenian side will be
presented in its own pavilion.

From: Emil Lazarian | Ararat NewsPress

ORHAN PAMUK HAS PUBLISHED HIS NEW NOVEL

Panorama.am
19:48 01/09/2008

Winner of the 2006 Nobel Prize in Literature Orhan Pamuk has published
another book called "The Museum of Innocence". The novel containing
592 pages, tells about the love of a rich man towards the sunset of
modern Istanbul.

The author is working at the English version of the book at the moment
and german-speaking readers will have the novel in September.

Pamuk had to leave his apartement in Istanbul because of eternal
threats from Turkish society and government and went to live in
the USA.

Note that Pamuks’ books admitting Armenian Genocide and representing
the facts of Qurdish people’s massacre were burnt in the streets
of Istanbul. Moreover, Turkish government had opened a court trial
against Pamuk accusing him of "hurting Turkish peoples’ feelings".

By the way, Orhan Pamuks’ books have been translated in more than
40 languages.

DEFENSE MINISTER ENCOURAGES MILITARY-PATRIOTIC EDUCATION IN SCHOOLS

Panorama.am
17:49 01/09/2008

Defense Ministry of Republic of Armenia has donated to all the schools
and universities of Armenia, Artzakh and Javakhq the book of historian
Artak Movsisyan "Supremacies of Armenian History", and his "Tigran
the Great" and "Nemrout" popular science films.

According to Defense Minister Seyran Ohanyan the chief aim of the
donation is setting a higher level for military-patriotic education
in schools. The book and popular science films will also be given to
Armenian Diaspora schools in Russia and elsewhere, he added.

In "Supremacies of Armenian History" the narrative of all Armenian
supremacies is given in one perspective. The book reveals Armenian
ethnic features and the qualities of Atmenin conquerors as a whole,
historian Artak Movsisyan says.

"Tigran the Great" represents all the deeds of Tigran the Great, and
"Nemrout" enlightens the history of Armenian Tavros and "Nemrout"
sanctuary.

According to A.Movsisyan, one more film "Cliff-pictography Alphabet"
shooted in Western Armenia will be added to the succession of these
films in autumn.

PRIME-MINISTER T.SARGSYAN: SAROYAN HAS BEEN ACCEPTED THROUGH ALL OVER THE WORLD

Panorama.am
18:02 01/09/2008

Prime-minister Tigran Sargsyan, together with Armenian intellectuals
and pupils have visited Komitas pantheon of Yerevan and put flowers
on the grave where the heart of prominent Armenian-American author
Willyam Saroyan is buried. This solemn ceremony celebrated Willyam
Saroyan’s 100-th anniversary on August 31.

Saroyan’s anniversary has become the occasion of many arrangements in
Armenia and in California (Frezno) as well. Moreover, the anniversary
of famous Armenian-American writer has been included in UNESCO’s
2008-2009 anniversarie’s honor-list.

"Saroyan is a genius accepted through all over the world. Everybody
finds their own world in his novels," Prime-minister Sargsyan says.

"Willyam Saroyan is one of the greatest authors of 20-th century.His
works characterize not only his Armenian origins, but his American
education as well,"The US chargé d’affaires in Armenia Joseph
Pennington says.

–Boundary_(ID_Vlc8mYf9GLj2Eb8j46EtqA)–

RUSSIAN, ARMENIAN PRESIDENTS TO DISCUSSION SITUATION IN CAUCASUS

ITAR-TASS
Sept 2 2008
Russia

MOSCOW, September 2 (Itar-Tass) – Presidents Dmitry Medvedev of Russia
and Serzh Sargsyan of Armenia meet in the Black Sea resort city of
Sochi later Tuesday to discuss the current situation in the Caucasus
and new large-scale bilateral cooperation projects.

"The sides will consider joint projects in the processing industry and
transport that will facilitate a doubling of Russian capital investment
in Armenia over the next few years," a Kremlin source told Itar-Tass.

Medvedev and Sargsyan took the offices of president in their respective
country this year with an interval of a month from each other.

Sargsyan made trips to Moscow March 24 and June 24 and a trip to St
Petersburg June 6 where he attended an informal summit of the CIS.

"This meeting will become yet another event in the meaty and
trustworthy dialogue between the two countries that aim develop their
versatile strategic partnership," the source said.

"The sides will exchange opinions on the situation in the Caucasus and
on some pressing issues of the Russian-Armenian agenda, and Medvedev
will also tell Sargsyan about Russia’s assessment of the situation
that has taken shape in the wake of Georgia’s aggressive actions,
which brought about the only possible decision to recognize the state
sovereignty and territorial integrity of South Ossetia and Abkhazia,"
he said.

"Russia has a definitive leading position among Armenia’s foreign trade
partners," the source said adding that bilateral trade had grown 40%
in 2005 and 70% in 2006.

The tendency was fortified by a further 66% increase of trade to 821
million U.S. dollars in 2007.

>From January through July this year, trade grew almost 20% versus
the same period of 2007 and stood at 400 million U.S. dollars.

"Russian companies become the largest foreign investors in Armenian
economy, as their accumulated investment has exceeded 1.3 billion
U.S. dollars," the source said. "The bulk of this investment streams
to the energy sector, the banking business, mining and metallurgy,
the construction industry, telecommunications, and information
technologies."

"However, the energy sector remains the focal point for investors,"
he said. "Work is underway to draft a medium-term agreement on Russian
natural gas supplies to Armenia from 2009 through 2011, and efforts
continue to set up a united economic facility on the basis of the
operating and new units of the Razdan hydro power plant."

"Russian lending institutions show interest towards greater presence in
Armenia’s banking system, and their share in the aggregate registered
capital of Armenian banks has gotten over a 25% mark," the source said.

"In August 2007, the Russian diamond corporation ALROSA and the
Armenian government signed an agreement on cooperation in diamond
cutting and jewelry making, and special steps will be made this year
to develop cooperation in that area," he said.

"Cooperation in the nuclear power industry is moving to a quality
new stage," the source said. "Along with assistance to ensure safe
operations of the Armenian nuclear plant, Russian companies are
ready to take part in the supplementary prospecting and development
of uranium ore deposits and construction of a new power unit at
the plant."

"Our cooperation in the humanitarian sphere is developing dynamically,
too, as cultural festivals in the format of the Year of Armenia in
Russia and the Year of Russia in Armenia have turned into feasts of
communication between the two peoples," the source said.

He added that Armenia is taking part in the programs of diversified
humanitarian cooperation in the CIS format.