Author: Frangulian Shushan

April 24, 2008
Gas Produced to Surface in Karlavskoye 101 Well in Ukraine

Vancouver, Canada: – Transeuro Energy Corp. ("Transeuro" or the "Company")
provides an update of operations at the Karlavskoye 101 well.

While completing a downhole surge test of the upper sections of the
reservoir, Transeuro has produced the first gas to surface from the
Karlavskoye 101 well. The test is a requirement of the Ukraine
government regulations and the result physically confirms the presence
of gas in the well. Reservoir fluids were allowed to flow into the
drillpipe for a short period so that a sample could be captured in a
downhole chamber. The plans did not require the well to flow
continuously to surface. Once the downhole sample was captured, the
well was shut in and the remaining gas was removed from the
drill-string and flared. Photos of the current operations in Ukraine
are available at

Operations are now continuing to drill the remaining 240 m to the
bottom of the target zones at 3,550 meters at the base of the C16
reservoir interval. The Company intends to log and run casing before
commencing full testing operations. As reported earlier, repeated gas
kicks and oil shows were seen in the upper reservoirs and it is
anticipated the well will be completed in the second quarter.

The ‘discovered resources’ attributed to the Karlavskoye field by
Fekete Associates Inc. under the Canadian 51-101 reserves reporting
standards has increased to a mean estimate of 474 billion cubic feet of
gas (85.32 million barrel of oil equivalent). Under the terms of the
Joint Activity Agreement with the local government partner
‘Crymgeologiya’, Transeuro has 72% of the profits derived from the
development of the Karlavskoye field. Upon closing of the JVA with RAG
() of Austria and Transeuro will hold 36% and RAG 36% of
the profits.

Discovered resources are defined in the Canadian Oil and Gas Evaluation
Handbook, "Discovered resources are those quantities of oil and gas
estimated 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. There is no certainty that it will be
commercially viable to produce any portion of the resources."

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, Ukraine and Armenia, 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
+1 (604) 681 3939 Phone
[email protected]
uroenergy.com

Karen O. Jenssen – Oslo, Norway
+ 47 917 29 787 Phone
[email protected]

"OUR DEAD HAVE NAMES" CAMPAIGN GOING ON

PanARMENIAN.Net
23.04.2008 16:50 GMT+04:00

/PanARMENIAN.Net/ In connection with the 93rd anniversary of the
Armenian Genocide, proceeds with "Our Dead Have
Names" campaign, independent French journalist Jean Eckian told
PanARMENIAN.Net. Visiting the website you can write in the name of
the person who gave his life for our homeland. It will be a unique
monument to the martyrs.

By 2015 the campaign initiators hope to have registered one million
names of the Genocide victims

AMBASSDOR LEVON SARGSIAN VISITS EDITORIAL OFFICE OF AZDAK NEWSPAPER

Noyan Tapan
April 23, 2008

BEIRUT, APRIL 23, NOYAN TAPAN – ARMENIANS TODAY. The Armenian
ambassador to Tunisia and Algeria Levon Sargsian accompanied by the
national benefactor Suren Vardanian visited the editorial office of
the Armenian newspaper "Azdak" in Lebanon.

During a talk, Ambassador Sargsian and the director of "Azdak"
discussed issues of educational, cultural and information spheres
in the light of Armenia-Diaspora cooperation. In his interview
with the newspaper, the ambassador in particular spoke about the
internal political situation in Armenia, Armenia-Diaspora relations,
the activities of Theological Faculty of Yerevan State University,
and the program of pilgrimage to Der Dzor.

ARMIMPEXBANK IS ANNOUNCING ABOUT A NEW SPECIAL SUMMER PROMOTION

Panorama.am
14:24 23/04/2008

Armimpexbank is announcing about a new special summer promotion,
for Toyota Yaris vehicle brand:

To all individuals willing to purchase vehicle brand Toyota Yaris:

Armimpexbank CJSC together with "Toyota Yerevan" LLC (Official
importer of Toyota vehicles to Armenia) are announcing about new
summer promotion:

Buy Toyota Yaris with the most favorable (or preferential) terms of
car loan:

Downpayment – 5% of the total cost of the purchased vehicle.

Loan repayment period -up to 5 years.

Annual interest rate – 12%.

The promotion is available until September 1st, 2008.

Armimpexbank is one of the oldest banks in Armenia established back
in 1910. In August 2007 the shares of the bank were purchased by TDA
Holdings – a company affiliated with the largest Russian investment
bank Troika Dialog. The Chairman of the Board is Mr. Ruben Vardanyan
and the CEO is Mr. Artak Hanesyan.

ARMENIAN AND GREEK CLERGYMEN SCUFFLE IN JERUSALEM

PanARMENIAN.Net
21.04.2008 13:34 GMT+04:00

/PanARMENIAN.Net/ Armenian clergymen and laymen engaged in a scuffle
with Greek Orthodox clergymen during the Holy Palm Sunday ceremony
in the Church of the Holy Sepulchre in Jerusalem on April 20.

According to participants of the ceremony, a Greek clergyman, who,
according to the status-quo, has no right to be present in the site
of the Holy Sepulchre during the Armenian procession, was present
there and as a result was forced out.

The Israeli Police was quick to respond by calling tens of their
men in order to allow the Greek clergyman to return to his post,
an action which led to deterioration of the situation.

Two Armenians were arrested once the procession was over, which led
to a protest by the Armenians in front of the police station (next
to the Armenian Convent of St. James) till the two were released.

Meanwhile, one of participants of the ceremony, Apo Sahagian told
PanARMENIAN.Net that "when the Armenian priests entered Christ’s grave
(which is part of the sermon) they were surprised to see an Israeli
cop and a Greek priest."

"While the Greek priest left the grave, a struggle broke out
between the cop (whom called backup) and the Armenian clergyman and
civilians. The police did use violence against the clergyman, and did
threaten many civilians during the scuffle. Many Armenian clergymen
and civilians intervened to end the fight, which they successfully
did. However, the police still threatened to arrest the Armenians,
especially many young men," Apo Sahagian said in his message.

He said he and his father Serop Sahagian "were taken into custody
and were released after one and a half hours of interrogation."

RENOVATION OF EDUCATION

KarabakhOpen
18-04-2008 10:46:19

Why does Karabakh pay for the education of young lawyers at Armenian
universities if annually several dozens of lawyers graduate from
Artsakh State University? The chair of the NKR National Assembly
Committee of Social Affairs Arpat Avanesyan asked this question to
the minister of education.

The question is logical but does not presuppose a logical answer
from the minister of education. The higher education policy was not
developed by the current minister, who works, in fact, and cares for
his work.

Therefore, Prime Minister Ara Harutiunyan answered this question who
said they have invited the minister of education of Armenia (he did
not say who exactly) and they are going to discuss where to lead the
system of education.

"Otherwise, in a few years Armenia may not accept the diploma of
Karabakh," said Member of Parliament Arthur Tovmasyan, the dean
of one of the departments of Artsakh State University. He advised
to introduce the credit system but first to hold training for the
university teachers. The minister of education said in the next meeting
of government the draft decision of the government on introduction
of the credit system from September 1 will be discussed.

Member of Parliament Romella Dadayan, director of School N 1 of
Stepanakert, reminded that a university cannot be good unless the
school is good. She proposed setting up boards of trustees at schools,
a non-profit body which would maintain the relation between the
school and parents and seek assistance for the school. The minister
announced that in Armenia the process of reorganizing schools into
state non-profit organizations has already begun, and soon we will
also launch this process which involves setting up boards of trustees.

The issue of education is apparently becoming the most urgent issue
in Karabakh. The day before the question and answer session of the
parliament the issue was discussed at the government, in parliament
most questions were asked to the minister of education. Renovation
of this sphere has started but since everything is done for
the first time, almost blindly, the renovation may end up with
demolition. Especially that we are used to sudden movements and
forcible methods of solution of problems.

NO EMIGRATIONS FROM AZERBAIJAN TO UNITED STATES IN 2007

TREND News Agency
April 17 2008
Azerbaijan

Azerbaijan, Baku, 17 April / TrendNews corr. E.Huseynov / In 2007,
there were not emigrations from Azerbaijan to the United States
and 3,100 tourists visited the country, the US State Department
report said.

In total, 6.4mln foreigners visited the United States in 2007, and
434,000 people emigrated to the country. The State Department reported
that according to the number of immigration and visitor visas issued
within 2007, citizens from the former SSSR countries demonstrated
had a lower rate of visits to the United States.

On the report, the number of emigrants from Armenia to the United
States totalled more than 1,000 people and 4,2000 tourists, Belorussia
– zero emigrants and 8,200 tourists, Estonia 7 emigrants and 7,600
tourists, Georgia – 444 emigrants and 4,800 tourists, Latvia – zero
emigrants and 9,000 tourists, Lithuania – zero emigrants and 9,500
tourists, Moscow – zero emigrants and 9,000 tourists, Russia – 4,329
emigrants and 137,200 tourists, Ukraine – 1,827 emigrants and 40,100
tourists, Kazakhstan – 972 emigrants and 11,700 tourists, Kirgizstan –
zero emigrants and 2,100 tourists, Turkmenistan -zero emigrants and
0,900 tourists and Uzbekistan – 1,117 emigrants and 2,600 tourists.

The statistic shows that the number of emigrants from the post Soviet
countries has been decreasing in recent years. Most emigrants came to
the United States from Mexico (53,400), Philippine (42,600.) and China
(32,400.), Washington ProFile reported.

ARMENIA LEADER SAYS NO RETURN OF REBEL REGION TO AZERBAIJAN

Agence France Presse
April 16 2008

The president of the Caucasian republic of Armenia said Wednesday
neighbouring Azerbaijan must accept "once and for all" it would
not regain control over the Armenian-backed rebel region of Nagorny
Karabakh.

In his first major foreign policy speech since taking office this
month, Serzh Sarkisian struck a combative note and warned Azerbaijan
that its military had no hope of retaking the enclave.

"Azerbaijan must accept once and for all the reality that the existence
of an independent Nagorny Karabakh is irreversible," Sarkisian told
foreign ministry employees.

"It is impossible to even imagine that Karabakh could be subordinate
to Azerbaijan in any way," Sarkisian said.

"In Baku, they believe that through petrodollars they can overtake
us economically and eventually militarily," he said. "But it is not
only money that supports a country and achieves victories.

"An abundance of military hardware does not equal an efficient army."

Energy-rich Azerbaijan, which is flush with oil revenues and has
vowed to retake the disputed region, has hugely increased its military
budget in recent years.

Azerbaijani President Ilham Aliyev announced this week that the
country would double its defence spending this year to nearly two
billion dollars (1.26 billion euros).

Backed by Armenia, ethnic Armenian forces took control of Nagorny
Karabakh during a war in the early 1990s that killed thousands and
forced nearly a million people on both sides to flee their homes.

A ceasefire was signed between the two former Soviet republics in
1994 but the dispute remains unresolved after more than a decade
of negotiations.

Troops remain in a tense stand-off and shootings are common. Up to
16 soldiers were killed in a clash last month.

Nagorny-Karabakh is a 4,400 square kilometres (1,699 sq miles)
enclave surrounded by Azerbaijan.

SECRETARY GENERAL AND CHAIRMAN OF WORLD COUNCIL OF CHURCHES ARRIVE IN ANTELIAS

Noyan Tapan
April 15, 2008

ANTELIAS, APRIL 15, NOYAN TAPAN – ARMENIANS TODAY. The secretary
general of the World Council of Churches (WCC) Sam Kobia and the WCC
chairman from Indonesia the Rev. Soritua Nababan arrived at Armenian
monastery of Mayravank in Lebanese Antelias on April 14.

The high-ranking guests will participate in the interchurch meetings
to be held at Mayravank and consult the Catholicos of Cilicia Aram
I about some interchurch and interreligious issues and programs.

WEBSITE LAUNCHED

Noyan Tapan
April 15, 2008

STEPANAKERT, APRIL 15, ARMENIANS TODAY – NOYAN TAPAN. A
website was launched in Internet on the initiative
of the Tsir Katin company and with the state assistance of NKR. The
website presents the monstrous slaughter organized by an Azeri gang
against the Armenian population of Artsakh’s village of Maragha on
April 10, 1992. According to reports of Artsakh media, documentary
materials, written and oral evidence, photographs, and video materials
are placed on the website. The website will be launched in Armenian
and Russian one of these days.