Dallas, October 17, 2007 – Kris Gupta, CFA for Equity Stock Analysis, has issued a research report regarding the future potential of Universal Energy Corp. (OTCBB: UVSE)
The full report is available at
http://www.equitystockanalysis.com
In the report Kris Gupta writes, “The nine projects under contract for UVSE provide the critical mass, net worth and reserve base needed for UVSE to be a successful energy exploration and production company. In the next seventy days and before January 1, 2008, it is expected that UVSE will be generating revenue from five wells, with additional revenue from four additional wells within the next one hundred and sixty days.
“The potential exists to dramatically increase cash flow as these wells begin production: five wells in 2007, four wells in the first quarter of 2008, and additional wells thereafter will provide continued positive increased production output for 2008.
“We have delivered an over view of risked assessment of proved undeveloped reserves and a discount cash flow model arriving at a value of $2.45 per share which is likely to increase significantly as proved reserves become established over the next weeks and months.”
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Contact:
EquityStockAnalysis.com
Dylan Yarter, 469-252-3033
dylan@equitystockanalysis.com
or
Universal Energy Corp.
Billy Raley, CEO, 800-975-2076
braley@universalenergycorp.info
Source: Universal Energy Corp.
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