Universal Energy Corp. Announces 7th Consecutive Month of Increased Production
Universal Energy Corp., 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 energy company engaged in the acquisition and development of crude oil and natural gas leases in the 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 in Louisiana and Texas. Visit www.universalenergycorp.info for more details.
