Eurogen Energy Inc. Announces a Cash Dividend Payable April 30, 2012

SAN ANTONIO, TEXAS — (Marketwire) — 04/12/12 — Eurogen Energy Inc. a Texas based, private energy holding company today announced its April 30, 2012 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 April 17, 2012.

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 May 31, 2012.

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 , Phone: (866)757-6185.

About Eurogen Energy

Eurogen Energy Inc., a Texas corporation, was formed in May of 2011, as a special purpose entity to invest in energy ventures, particularly in oil, gas and other energy investments in public and private projects.

The company–s sole activities are limited to purchasing, holding and selling its investments. The company expects to aggregate the proceeds into a pool and create a diverse portfolio of investments under such arrangements as the company deems desirable.

The company invests in all types and forms of ownership rights in private energy, oil and gas projects and may acquire publicly traded stock of companies in the energy industry.

Contacts:
Eurogen Energy Inc.
Investor Relations
14080 Nacogdoches Road, San Antonio, Texas, 78247
1-855-EUROGEN