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Universal Energy Corp Rated 'Outperform,' Target Price $4.39 By Beacon Equity Research

Posted on: Tuesday, 23 October 2007, 09:01 CDT

Universal Energy Corp. (OTCBB: UVSE) has been rated "Outperform" with a target price of $4.39 by Beacon Equity Research Analyst, Victor Sula, PhD.

The full report is available at http://www.BeaconEquityResearch.com.

Anyone interested in receiving alerts regarding Universal Energy Corp. research should email members@beaconequityresearch.com with "UVSE" in the subject line.

In the report, the analyst writes, "Universal Energy Corp. (UVSE) is an independent energy company engaged primarily in the acquisition, exploration and development of crude oil and natural gas leases. The Company's core areas of operation are Louisiana and Alberta, Canada. These areas together represent the majority of UVSE's potential reserves. Two prospects have already been drilled in Louisiana and drilling of three additional wells began in mid-October. As a non-operator, the Company pursues prospects in partnership with other companies that have strong exploration, development and production expertise."

Other companies in the energy exploration market include Platina Energy (OTCBB: PLTG), Marathon Oil (NYSE: MRO), Forest Oil Corp. (NYSE: FST), and Abraxas Petroleum Corp (AMEX: ABP).

Beacon Equity Research Disclosure

The analysts contributing to this report do not hold any shares of Universal Energy Corp. (UVSE). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research has been compensated a total of seven thousand five hundred dollars from a non-controlling third party (Pentony Enterprises) for enrollment of UVSE in this research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.

Source: Business Wire

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