Transeuro Energy Corp. (Transeuro) is a junior oil and natural gas company. The Company�s principal business, along with its subsidiaries, is the acquisition of interests in oil and natural gas rights and the exploration for, development of, and production of crude oil, condensate and natural gas. It is involved in pursuing oil and gas exploration and development opportunities in Papua New Guinea, Armenia, the Crimean Peninsula, Ukraine and the Liard Basin of north-eastern British Columbia, Canada. The Company's Beaver River Property is a natural gas field located on 35 sections (approximately 22,889 acres) of land 150 kilometer northwest of Fort Nelson in northern British Columbia. In June 2011, the Company completed a Share Purchase Agreement (Purchase Agreement) pursuant, to which it acquired the remaining 50% working interest in the Beaver River Field from QBR by acquiring a 100% interest in Questerre Beaver River Inc. (name changed to Transeuro Beaver River Inc. post-acquisition).