Stock Guru Profile Universal Energy – Blog – News
UNIVERSAL ENERGY CORP
New York’s main futures contract, light sweet crude for delivery in November, hit a record high 85.19 dollars as traders expect more unrest in oil producer Iraq which could further stretch tight global energy supplies.
When Stock Guru first met with representatives of UVSE on January 11, 2007, in our offices their representative stated forecasters and planners were factoring in the price of oil and $100.00 per barrel. He noted that his company was working on securing 3-D seismic testing on wells in Canada that were located between two of the highest producing tracts in Canada.
Here we are, almost ten months later and his words have come to pass. In only ten months the price of oil is approaching $100.00 a barrel. The 3-D seismic testing has shown good results. The company is two for two in the wells they have drilled in prolific Plaquemines Parish, Louisiana.
If there was EVER any doubt these guys know what they are doing … it is not in mind!
Images below represent UVSE in action: Billy Raley discusses the company’s business with Dyron Watford OR the entire executive department convenes for a meeting! Just part of the low overhead approach that represents good stewardship of a shareholder’s investment AND creates a nimble company that can find a good deal and take it … on the spot!
Ask yourself these two simple questions:
1. How far has UVSE come since January 11, 2007?
2. Where will UVSE be in ten more months: or August 11, 2008?
3. Will you regret not buying at these prices?
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.
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