Universal Energy Corporation
(OTCBB: UVSE)
StockGuru Blog: Why do we really like UVSE? Take a look at these two releases:
Stock Guru Profile – Blogs & Alerts – News & Quotes
Universal Energy Corp.’s Success Continues with Drilling at Caviar #1
Friday September 21, 9:30 am ET
HOUSTON, Sept. 21 — Universal Energy Corp. (OTC Bulletin Board: UVSE.OB – News) is pleased to provide an update on drilling operations at Caviar #1. Drilling commenced at Caviar #1 on September 11, 2007 to target Middle Miocene (Cib-Carst, Tex-W) objectives between 9,000′ and 11,000′. The estimated drilling time for the well was three weeks. As of yesterday, drilling operations, which are ahead of schedule, reached a total vertical depth of 9,673 feet and a total measured depth of 9,717 feet. The total vertical depth of the well is planned to be 10,700 feet. It is estimated that drilling will be finished within the next 36 hours. Upon completion of drilling, a well log will be completed and analyzed to determine estimated commercial quantities of oil and gas at Caviar #1.
Full release here: http://biz.yahoo.com/prnews/070921/clf030.html
Universal Energy Corp. Announces Continued Drilling Success
Wednesday September 26, 12:30 pm ET
HOUSTON, Sept. 26 /PRNewswire-FirstCall/ — Universal Energy Corp. (OTC Bulletin Board: UVSE – News) announced, today, that the Caviar #1 prospect in Plaquemines Parish, Louisiana has successfully lived up to its high tech analysis.
At its Caviar #1, the second prospect of six planned in the prolific Louisiana area, Universal Energy has completed installing the “casing” in preparation for production as a multi-zone gas well.
Full release here: http://biz.yahoo.com/prnews/070926/clw076.html
With fuel oil prices as high as they are, and energy as strong a it is, these success stories are just that much more valuable.
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
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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