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Latest Universal Energy Corp. Stories

2009-03-31 06:30:00

HOUSTON, March 31 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), a growth oriented oil and gas exploration and production company, today announced that it has signed a letter of intent to acquire ownership of Ness Energy of Israel, Inc. ("Ness") from creditors of Ness. Further, the Company is in negotiations with creditors of Ness that could also lead to an acquisition of certain assets of Ness Energy International Inc. This announcement follows the launch of...

2009-03-25 07:00:00

HOUSTON, March 25 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production company, announced today the launch of its acquisition plan for 2009. "The decline in commodity prices over the past few months has brought about opportunities like I've never seen before," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "We fully intend to acquire both producing properties and high...

2009-03-10 08:25:00

HOUSTON, March 10 /PRNewswire-FirstCall/ - Universal Energy Corp. (OTC Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production company, announced production for the fourth quarter of 2008. During the fourth quarter of 2008, Universal Energy Corp.'s share of production was approximately 32.0 million cubic feet of gas. This marks the fourth consecutive quarter of production increases by the Company. "Production was solid to close out fiscal 2008," commented Billy...

2009-02-04 08:00:00

DALLAS, Feb. 4 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting: http://www.BeaconEquity.com/m Today's Trade Alerts include: Universal Energy Corp. (OTC Bulletin Board: UVSE), 4C Controls Inc. (OTC Bulletin Board: FOUR), Western Standard Energy Corp. (OTC Bulletin Board: WSEG), Handleman Co. (Pink Sheets: HDLM), Deep Down Inc. (OTC Bulletin Board: DPDW) and Gulf...

2008-10-15 12:00:28

HOUSTON, Oct. 15 /PRNewswire-FirstCall/ -- Universal Energy Corp. (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 eighth consecutive month in August 2008. August 2008 production increased 21 percent over July 2008 and it was a 108 percent increase over the average monthly production of the second quarter 2008. The wells were ordered to be shut in by the Governor of Louisiana...

2008-09-17 12:00:30

HOUSTON, Sept. 17 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), a growth oriented U.S. oil and gas exploration and production company, announced today that a world renowned processing and development services provider has been selected to reprocess the proprietary seismic data at the Company's Lone Oak prospect. The processing techniques will take four to six weeks to complete and will provide the necessary data to further develop the Lone Oak prospect. "We...

2008-09-05 09:00:32

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...

2008-08-20 09:01:22

HOUSTON, Aug. 20 /PRNewswire-FirstCall/ -- Universal Energy Corp. (BULLETIN BOARD: UVSE) , an emerging U.S. oil and gas exploration and production company, reported financial and operational results for its second quarter of the fiscal year ended June 30, 2008. Financial Summary The Company reported net income of $2.9 million, or $0.09 per basic share, $0.00 per diluted share, for the second quarter of fiscal 2008 compared to a net loss of $2.03 million, or $(0.07) per basic and diluted...

2008-08-14 12:00:49

HOUSTON, Aug. 14 /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 had more than doubled during the 2nd quarter 2008 increasing by 123 percent and 244 percent, respectively over amounts produced in the first quarter of 2008. "What a difference a quarter makes," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley...

2008-08-04 12:01:17

HOUSTON, Aug. 4 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), 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...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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