Eurogen Energy Inc.

November 08, 2011 05:34 ET

Eurogen Energy Inc. Announces a Cash Dividend Payable November 30, 2011

SAN ANTONIO, TEXAS--(Marketwire - Nov. 8, 2011) - Eurogen Energy Inc. a Texas based, private energy holding company today announced its November 30, 2011 cash dividend will be USD $0.016 per preferred common share. The dividend will be payable to all shareholders who hold shares on the record date of November 17, 2011.

The current yield is 6.4% per year based on current subscription price of USD $3.00 per preferred share. The next dividend is expected to be paid December 30, 2011.

Dividend Reinvestment Plan

Eurogen Energy Inc. has a Dividend Reinvestment Plan (DRIP) that provides a convenient and cost-effective method for eligible shareholders in Canada and the United States to maximize their investment in Eurogen Energy by reinvesting their monthly cash dividends to acquire additional preferred common shares. For further information regarding the DRIP, please contact our transfer agent at www.webstocktransfer.com, Phone: (866)757-6185.

About Eurogen Energy:

Eurogen Energy Inc. is dividend paying, Texas energy holding company. We have holdings in oil, gas, pipeline and other energy companies. Eurogen's focus is investing in established energy companies with their common shares listed on a respectable exchange.

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