Published:
Universal Energy Corp. Announces 7th Consecutive Month of Increased Production
HOUSTON, Sept. 5 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC
Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production
company, announced today that gas and oil production quantities increased for
the seventh consecutive month in July 2008. July 2008 production increased 83
percent over the first month of the second quarter 2008 which was also a 52
percent increase over the average monthly production of the second quarter
2008.
"This continued production increase is a great start to our third
quarter," commented Billy Raley, Chief Executive Officer of Universal Energy
Corp. Raley continued, "We expect this trend to continue throughout the
quarter."
Universal Energy Corp. is a publicly traded (OTC Bulletin Board: UVSE)
energy company engaged in the acquisition and development of crude oil and
natural gas leases inthe United States. 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 inLouisiana and
Texas. Visit www.universalenergycorp.info for more details.
Forward Looking Statements - The information contained herein regarding
risks and uncertainties, which may differ materially from those set forth in
these statements, in addition to the economic, competitive, governmental,
technological and other factors, constitutes a "forward-looking statement"
within the meaning of Section 27A of the Securities Act of 1933, as amended,
Section 21E of the Securities Exchange Act of 1934, as amended, and the
Private Securities Litigation Reform Act of 1995 and is subject to the safe
harbors created thereby. While the company believes that the assumptions
underlying such forward-looking information are reasonable, any of the
assumptions could prove inaccurate and, therefore, there can be no assurance
that the forward-looking information will prove to be accurate. Accordingly,
there may be differences between the actual results and the predicted results,
and actual results may be materially higher or lower than those indicated in
the forward-looking information contained herein.
CONTACT:
Universal Energy Corp.
Billy Raley, CEO, (800) 975-2076
braley@universalenergycorp.info
SOURCE Universal Energy Corp.
Copyright © 2009, PRNewswire
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Copyright © 2009, NewsBlaze,
Daily NewsTags: ,OIL,OTC,TX-Universal-Energy
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