Universal Energy Corp. Announces Increased Production at its Caviar Wellsadmin
Monday, August 4th 2008
Universal Energy Corp., an emerging U.S. oil and gas exploration and production company, announced today that gas production has continued increasing at both Caviar #1 and Caviar #4 since initial production began in July.
“We will continue to open up the wells and increase flow as we work them into their final production levels,” commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, “We are extremely pleased with the ease that these wells came online and look forward to many years of substantial production.”
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 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.