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Article: Universal Energy Corp. Provides Drilling Update #2 on Lone Oak Prospect in Galveston Bay, Texas.
- Article from:
- PR Newswire
- Article date:
- June 13, 2008
CopyrightCOPYRIGHT 2008 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, June 13 /PRNewswire-FirstCall/ -- Universal Energy Corp. (BULLETIN BOARD: UVSE) , 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 success in this industry is tied to the drill bit. We are excited and believe that Lone Oak will be the fifth producing well for Universal Energy Corp. and its stockholders in 2008."
Drilling operations began on June 5, ...