Business News

Universal Energy Corp. Announces Increased Production at its Caviar Wells

2008-08-04 10:30:00

Universal Energy Corp. Announces Increased Production at its Caviar Wells

    HOUSTON, Aug. 4 /EMWNews/ -- Universal Energy Corp. (OTC

Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and

production company, announced today that gas production has continued

increasing at both Caviar #1 and Caviar #4 since initial production began

in July.

    "We will continue to open up the wells and increase flow as we work

them into their final production levels," commented Billy Raley, Chief

Executive Officer of Universal Energy Corp. Raley continued, "We are

extremely pleased with the ease that these wells came online and look

forward to many years of substantial production."

    Universal Energy Corp. is a publicly traded (OTC Bulletin Board: UVSE)

energy company engaged in the acquisition and development of crude oil and

natural gas leases in the United States. We pursue oil and gas prospects in

partnership with oil and gas companies with exploration, development and

production expertise. Our prospect areas consist of lands in Louisiana and

Texas. Visit for more details.

    Forward Looking Statements - The information contained herein regarding

risks and uncertainties, which may differ materially from those set forth

in these statements, in addition to the economic, competitive,

governmental, technological and other factors, constitutes a

"forward-looking statement" within the meaning of Section 27A of the

Securities Act of 1933, as amended, Section 21E of the Securities Exchange

Act of 1934, as amended, and the Private Securities Litigation Reform Act

of 1995 and is subject to the safe harbors created thereby. While the

company believes that the assumptions underlying such forward-looking

information are reasonable, any of the assumptions could prove inaccurate

and, therefore, there can be no assurance that the forward-looking

information will prove to be accurate. Accordingly, there may be

differences between the actual results and the predicted results, and

actual results may be materially higher or lower than those indicated in

the forward-looking information contained herein.

CONTACT: Universal Energy Corp. Billy Raley, CEO, (800) 975-2076 [email protected]

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website now offers Organic Lead Generation & Traffic Solutions

Blake Masterson

Freelance Writer, Journalist and Father of 5

Related Articles

Back to top button