Universal Energy Corp., 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 [...]
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 [...]
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 [...]
An emerging U.S oil and gas exploration and production company, Universal Energy Corp, published an update on drilling operations at its lone oak prospect in Galveston Bay, Texas. As of this morning, drilling at Lone Oak has reached a measured depth of 11,975 feet. Drilling is scheduled to be complete later this week to the [...]
Universal Energy Corp., announced an update on drilling operations at its Lone Oak prospect in Galveston Bay, Texas. Installation of 7 5/8″ intermediate casing is now complete to a total measured depth of 11,470 feet. Drilling will commence later in the week to the target measured depth of 12,615 feet.
Billy Raley, Chief Executive Officer of [...]
Universal Energy Corp., announced today that drilling at its Lone Oak prospect in Texas is progressing. The proprietary 3-D seismic with the corresponding subsurface well control provides excellent objectives for this drilling program. “We are pleased with the progress of the well,” commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, “Our [...]
US Petroleum Depot, Inc., a subsidiary of Universal Property Development and Acquisition Corporation, has finalized the infrastructure design and is preparing to permit its petroleum storage facilities located in the Port of Brownsville, Texas and will soon launch the planned trading of petroleum condensate produced in Mexico by Petroleos Mexicanos (PEMEX) (www.pemex.com).
The storage facility [...]
Universal Property Development and Acquisition Corporation subsidiary Canyon Creek Oil and Gas, Inc., has returned its Archer County Regular Field and Coleman County oil and gas field to production while the Catlin Oil and Gas, Inc. subsidiary completes the workover of the Catlin Field and continues to increase the production from its wells in [...]
Inside two half-million-gallon tanks built in the 1950s, a team of microorganisms is preparing to munch its way into the annals of energy innovation.
Late this month, the microbes will start transforming truckloads of restaurant grease into electricity for a water pollution control plant in Millbrae, Calif. The one-of-a-kind setup relieves the city and area eateries [...]
EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts, [...]
