Universal Energy Corp. (UVSE.OB) is an energy company focused on acquiring crude oil and natural gas leases in the United States and Canada. Through its two subsidiaries, Universal Energy actively seeks oil & gas prospects in partnership with oil & gas companies that have broad experience in the exploration, development and production of oil & gas properties.
The company’s primary objective is to increase shareholder value by establishing a well-capitalized growth platform which provides a solid base of assets and cash flow, while using a disciplined approach of investing by focusing on lower risk development drilling.
Universal Energy’s growth strategy consists of acquiring producing properties in target areas that have proven reserves and exploration upside potential as well as small to mid-size companies that demonstrate profitability, strong revenue growth and significant cash flows.
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