UVSE: Universal Energy Corp. Several Drilling Projects
Stock Guru Profile UVSE Universal Energy Corp.
Universal Energy has THREE domestic summer drilling projects underway in the prolific Plaquemines Parish region of Southeastern Louisiana, and a prospective drilling locations at its Nisku Reef Project in the oil-rich region of Alberta, Canada. Universal is currently engaged in seven oil and gas lease projects. These are the Amberjack, Caviar (four prospects), Lake Campo and the Pembina Nisku Reef projects.
Eighty percent of the entire United States reserves are concentrated in four states:
- Texas 22%
- Louisiana 20%
- Alaska 20%
- California 18%
Universal Energy Corp. is currently concentrating their efforts on oil properties in Texas and Louisiana, based on favorable economic and environmental/regulatory trends.
Billy Raley, CEO of Universal Energy Corp. commented, “Recently it has become clear, that our company’s Louisiana-based Amberjack Prospect is entering its drilling stage at an opportune time in the market. Producing crude oil on our home turf is increasingly more important as new threats to supply disruption and reduction appear daily.” Raley continued, “I am convinced, and the recent scientific reports substantiate, that our nation’s future energy needs and economy depend on continued discovery and extraction of oil and gas, right here in the U.S. and North America. Universal Energy Corp. wants to lead that charge.”
Stay tuned for more on Universal Energy Services, Inc. recent letters of intent to acquire two energy services companies Powertown Line Construction and Williston Crane.
Universal Energy Corporation
30 Skyline Drive
Lake Mary, FL 32746
Phone: (800) 975-2076
Email: info@universalenergycorp.info
Website: http://www.universalenergycorp.info
About Universal Energy Corp. – Universal Energy Corp. is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada. 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 Alberta, Canada and Southeastern Louisiana. Visit www.universalenergycorp.info for more details.
Safe Harbor Statement: All statements, other than statements of historical fact, included in this press release are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. The forward-looking statements, including statements about the company’s future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company’s control, and may yield results differing materially from those anticipated. The Company makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration opportunities being fewer than currently anticipated. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings.
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