Sept 11 2008quote from this news release after they announced the company had to sidetrack the well "Harold Hemmerich, President of Transeuro Energy Corp, commented, "Inspite of the lost time and the obvious financial costs associated withthe challenges we have encountered while drilling this well, the gasflows and log results are very positive and we have seen nothing thatcurbs our enthusiasm for the potential of the well and the field we aretargeting. We continue to work with our Ukraine partners to improveoperational performance. "