Universal Announces Testing Complete at Kunene # 1 Well, Off-Shore Namibia, Africaadmin
Universal Power Corp. announced today that further to the Company’s news release dated August 07, 2008, they have been notified that testing of the Kunene #1 well has been completed. Results of testing and sampling will be released when reviewed and approved by the Namibian government due to the tight hole status of this well.
The government of Namibia has classified Kunene No. 1 as a “tight hole,” meaning no information regarding the well may be released until such time as the Namibian government determines to make the information public.
Universal Power Corp. and its BEE partner are positioned as an emerging exploration and production junior listed on the TSX Venture Exchange and the FSE Open Market. The Company’s mission is to deliver significant share appreciation through the discovery, exploration and production of fossil fuel energy and uranium.