Stock Guru Profile Universal Energy – Blog – News
Stock Guru loves to be right. We have been right about UNIVERSAL ENERGY CORP.
As oil reaches a record inflation adjusted high we think this company deserves your attention!
We think this stock has much more room to go on the upside. Let’s take a look at their drilling schedule:
DRILLED AND REVENUE IN NOVEMBER:
- Amberjack Prospect – Plaquemines Parish 5.625% interest with 10.7 BCFE
- Caviar Prospect One- Plaquemines Parish – 7.5% interest with 4.7 MMBOE – (Three more to go!)
DRILLING BEGAN THIS WEEK:
- East OMG Prospect – Cameron Parish – 13.125% interest with 59 BCFE (HIGH RATE OF RETURN!)
- This is a deep well and will take about 77 days to drill
- Lake Campo Prospect – Plaquemines Parish – 9.375% interest with 10 BCFE
- Here the intermediate casing is installed and doing BOP (blowout preventer) testing, should be at its total depth in less than two weeks
- Rosedale Prospect – Iberville Parish – 3.5 BCFE and 0.9 MMBOE
- This well should be at total depth in less than two weeks
DRILLING TO BEGIN IN FIRST QUARTER ‘08
- Lone Oak Prospect – Chambers and Galveston Counties, Texas – 12.5% interest with 139 BCFE.
- Nisku Reef Prospect – Alberta, Canada 95% interest with 136 BCFE and 30 MMBOE (THIS IS HUGE!)
UVSE is two for two and this week they started an additional three wells.
Listen to the UVSE CEO AND CFO:
Billy Raley spoke with Stock Guru and explained the overall business model and plan of UVSE:
Dyron Watford spoke with Stock Guru and explained each prospect and what it means in terms of cash flow.
The best may be yet to come!
CONTACT:
Universal Energy Corp.
Billy Raley, CEO, (800) 975-2076
braley@universalenergycorp.info
Email: Dyron M. Watford, CFO – dwatford@universalenergycorp.info
Website: www.universalenergycorp.info
30 Skyline Drive
Lake Mary, FL 32746
Phone: (800) 975-2076
Fax: (800) 805-4561
Source: Universal Energy, Reuters, Wall Street Journal, Bloomberg
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, Louisiana and Texas. 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.
Disclosure: Pentony Enterprises LLC has been compensated $215,000 by the company for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. Pentony Enterprises has acquired 15,000 shares in the open market and will hold these shares for at least 30 days from the date of acquisition.
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