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Eurasia Projects

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Shallow Water Azerbaijan

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The Directors and Officers of Eurasia, together with its advisory team, have a wealth of experience and a proven track record developing projects in the Republic of Azerbaijan.

Eurasia is pursuing a memorandum of understanding with the State Oil Company of the Azerbaijan Republic for a 700 square kilometer shallow water block in the Azerbaijani sector of the Caspian Sea.

Eurasia is pursuing this opportunity under the terms of a Participation Agreement with Arawak Energy Limited (“Arawak”) and Commonwealth Oil & Gas Company Limited (“Commonwealth”).  See Eurasia’s news release dated March 17, 2010 for a full description of the terms of the Participation Agreement.