KIEV, April 13 – EuroGas Polska sp.z o.o., a subsidiary of U.S.-based EuroGas, Inc. (EuroGas), has entered into a confidentiality agreement with Total E&P Activites Petrolieres (Total), a wholly owned subsidiary of Total S.A., in connection with the evaluation and possible acquisition by Total of certain rights held by EuroGas Polska's wholly owned West Ukrainian subsidiary in an onshore region in Western Ukraine.

EuroGas said the properties under evaluation by Total are situated on a coal bed methane (CBM) concession near the Ukrainian-Polish border. This area within the Ukrainian part of the Lublin trough is offsetting recently acquired shale gas concessions by ExxonMobil, Chevron, Marathon Oil and Polish Oil & Gas (PGNiG) within the Polish part of the Lublin trough on the Polish side of the Polish-Ukrainian border.