Stock Guru Profile Universal Energy – Blog – News
StockGuru has presented the revenue expectations of UVSE for months — and if you have been reading our blogs, today’s news is not news!
First: A reaffirmation of 2008 revenue should be NO surprise. UVSE is four for four drilled wells and they have all come in on time and according to plan.
Second: The Lake Campo well was scheduled to begin production in early 2008, StockGuru told you this months ago, and now it will!
StockGuru has kept you posted on the predicted price of oil, UVSE’s progress and put it all together to spell out the rosy future UVSE is facing.
World demand for oil is predicted to go UP, led by China, the Middle East and a rebound in America. Already demand is running about 1.8% higher than last year, according to the Economist Intelligence Unit (EIU). The International Energy Agency (IEA), the consuming nations think-tank, forecasts global demand will rise by a further 2.1% in 2008 from an estimated 85.9m barrels per day (m/bpd) this year to 87.7m/bpd in 2008.
Much of the demand story is explained by growth in China and India. The IEA forecasts that net imports by these two booming Asian tigers will jump from 5.4m/bpd in 2006 to a massive 19.1m/bpd by 2030, more than the combined imports of the US and Japan.
Don’t wait until next week when UVSE announces East OMG news. That is their medium risk/high return well that was extensively tested. And remember StockGuru told you first!
Listen to the UVSE CEO AND CFO:
Billy Raley spoke with StockGuru and explained the overall business model and plan of UVSE:
Dyron Watford spoke with StockGuru 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
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.
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