UVSE - 123% and 244% Increases in Gas an Oil in Q2
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Posted by: DD2win Date: Wednesday, August 20, 2008 4:02:49 PM
In reply to: Dopamine who wrote msg# 15462 Post # of 15471
Then take this from today's PR.
Dyron Watford, Universal Energy Corp. Chairman and CEO, commented, "Exceeding the high end of our revenue guidance for the quarter by 11% is fantastic. As we continue to increase revenues with production in the 3rd quarter from Caviar #1 and Caviar #4, the financial picture for Universal Energy becomes more solid with each day of production.
Caviar #1 nor #4 are mentioned in Q2. AT ALL
Aug 21, 2008 (M2 PRESSWIRE via COMTEX) -- Universal Energy Group Ltd. (OTCBB: UVSE) just announced Universal Energy Group Increases Penetration in Key Retail Energy Markets Through Acquisition.
A dedicated Chat Room for Universal Energy Group Ltd., has been created at STOCKWIRE.com to discuss this news event.
Visit the following link to begin chatting with your fellow shareholders: http://www.stockwire.com/chat
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TORONTO, ONTARIO -- Universal Energy Group Ltd. (OTCBB: UVSE) is pleased to announce the acquisition of the residential and commercial customer contracts of Wholesale Energy Group ULC ("WEG") in the British Columbia natural gas market and the Ontario natural gas and electricity markets. The acquisition was completed following receipt of all regulatory and utility approvals.
Through this acquisition Universal Energy Group's retail energy business, Universal Energy Corporation ("UEC"), has acquired approximately 22,000 RCEs on fixed term contracts. The average remaining life on the contract is 48 months. The total purchase price paid for the customer contracts is $2.5 million.
Mark Silver, CEO of UEC remarked "The acquisition of the WEG customer base is consistent with our strategy to deliver growth out of our existing markets. The customer acquisition costs are inline with our organic customer acquisition costs and the transaction will be immediately accretive to our financial results. We remain well positioned to capitalize on future opportunities of this nature."
About:
Universal Energy Group's common shares are listed on the Toronto Stock Exchange under the symbol "UEG". Universal Energy Group through its subsidiary Universal Energy Corporation, sells electricity and natural gas in Ontario and natural gas in British Columbia to residential, small to mid-size commercial and small industrial customers. Universal Energy Group through its subsidiary Universal Gas & Electric Corporation, sells natural gas in Michigan to residential, small to mid-size commercial and small industrial customers. Universal Energy Group through its subsidiary National Energy Corporation, operating under the trade name National Home Services, sells long-term water heater rental programs to Ontario residential customers. Universal Energy Group through its subsidiary Terra Grain Fuels Inc. operates an ethanol facility near Belle Plaine, Saskatchewan. Additional information about Universal Energy Group is available on SEDAR (www.sedar.com).
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=uvse
UVSE - Univ. Energy Corp. (USA)
UEG - Univ. Energy Group (Canada)
...diese Meldung gehört mMn zu UEG (zumal TORONTO & ONTARIO in Canada liegen...)
CEO UVSE: Billy Raley
CEO UEG : Mark Silver
schön das du noch posten darfst, bei den ganzen mods und metamods, die hier sehr umtriebig sind bei ariva. hatte auch schon mal 'ne sperre.
05.09.2008 15:28
Universal Energy Corp. Announces 7th Consecutive Month of Increased Production
HOUSTON, Sept. 5 /PRNewswire-FirstCall/ -- Universal Energy Corp. (News) (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 increase is a great start to our third quarter," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "We expect this trend to continue throughout the quarter."
Universal Energy Corp. is a publicly traded (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 http://www.universalenergycorp.info/ for more details.
Forward Looking Statements - The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
CONTACT:
Universal Energy Corp.
Billy Raley, CEO, (800) 975-2076
braley@universalenergycorp.info
05.09.2008 15:28
Universal Energy Corp. Announces 7th Consecutive Month of Increased Production
http://www.finanznachrichten.de/...chten-2008-09/artikel-11690111.asp
RT:
in den usa das erste mal seit wochen ein super handel! über 60mio gehandelte stück, großes interesse in den usa!! der boden scheint gefunden.