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Article: Universal Energy Corp. Nears Completion of Drilling Operations at its East OMG Prospect.
- Article from:
- PR Newswire
- Article date:
- December 20, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSTON, Dec. 20 /PRNewswire-FirstCall/ -- Universal Energy Corp. (BULLETIN BOARD: UVSE) , an emerging domestic oil and gas exploration and production company, is pleased to provide the following update on its East OMG prospect. Drilling operations have reached a vertical depth of approximately 16,000 feet. Universal Energy anticipates that drilling operations will reach its planned total vertical depth of 16,500 feet on December 23, 2007.
Universal Energy Corp acquired its 17.5 percent working interest in the East OMG Prospect in August 2007. Drilling began on the prospect on October 23, 2007 and drilling operations have continued successfully at the prospect ...