posted
Ok been watching this since last week time to post it:)
THose of you who missed our NCEY on the .11+ board (which is far from over actually) have a good chance here. Not as black and white as NCEY, but there are a quite a few positives here and similarities.
Dilution should be almost done. Most of the selling has come from DOMS and he moves on relatively light volume lately as he has been the one doing most of the dumping. A few more big volume days and CD should be toast. Currently O/S is around 49M as of today according to the T/A
I jumped in today end of day. I really think this could be good for at least 100-200% from here when shares settle.
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
Should see news shortly. Read recent p/rs-->
Universal Energy Corp. Nears Completion of Pipeline Construction at Its Caviar #1 and Caviar #4 Prospects
HOUSTON, June 26 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE) announced today that pipeline construction at its Caviar prospect will be finished this week.
Universal Energy Corp. Announces That Pipeline Construction at Its Caviar Prospect Is Ahead of Schedule
HOUSTON, June 11 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production company, announced today that the pipeline construction and barge installation at the Caviar series of wells in Plaquemines Parish, Louisiana is ahead of schedule. Both the Caviar #1 and Caviar #4 wells are expected to be in full production as of July 1, 2008.
Universal Energy Corp. Announces Positive Results from Flow Tests at Caviar #1 & Caviar #4
HOUSTON, May 8 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), today, announced that flow tests on Universal Energy Corp.'s Caviar #1 and Caviar #4 prospects are complete. As previously announced last week, construction of the pipeline that will tie-in production from Caviar #1 and Caviar #4 is now underway. The company anticipates production from these two wells beginning July 1, 2008. During the tests, Caviar #1 and Caviar #4 flowed in excess of 4.3 million cubic feet per day ("MMcf") and 4.2 MMcf per day, respectively.
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
Hey Truth, generating a lot of attention on IHUB wow... people are looking for another NCEY. I hope they sell NCEY lol! that one is far from over and the best out there, but this one will see a nice pop i think and hopefully we can eat up the rest of that CD!!
ill change my original 1-2 bagger to 10 bags from this level if the CD conversion is done this week...
Yes been looking at IGPG as well. GL to ya..
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
2 million bucks worth so.. how many shares is that ?
at 4 cents that is 50 million shares but dillution started around 6/10, when pps was around .30. O/s has gone up about 20Mill since. imo and a lot of people seem to agree, they are about finished, id say another couple 10Mill days and we pop big.
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
I've made a few bucks on this one buying * .0135 & .014 range and selling at .017 & .0175 range. I will watch this for two more days for consistent mega volume like today and good uptick before opening a big position on this.
-------------------- Please do your DD. Break some bread with me! Posts: 1138 | From: atlanta | Registered: Apr 2006
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posted
NEWS Universal Energy Corp. Begins Installation of Intermediate Casing at its Lone Oak Prospect in Galveston Bay, Texas Jul 1, 2008 12:05:00 PM View Additional ProfilesHOUSTON, July 1 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), announced today that drilling at its Lone Oak Prospect in Galveston Bay, Texas has reached a measured depth of 11,586 feet. Logging of the hole was completed yesterday and installation of 7 5/8 inch intermediate casing will now be installed to a depth of 11,470 feet. It is estimated that drilling operations at Lone Oak will be completed by July 12, 2008.
Billy Raley, Chief Executive Officer of Universal Energy Corp. stated "We are very excited with the progress at Lone Oak so far. It is important for oil and gas exploration and production companies throughout the United States to continue exploration within our borders." Raley continued, "Building reserves for U.S. consumers, and U.S. stockholders, should be the rallying cry for every E&P company operating within the United States."
Universal Energy Corp. is a publicly traded (OTC 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 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 SOURCE Universal Energy Corp.
Posts: 2794 | From: nyc | Registered: Aug 2005
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eyes peeled. as long is this doesn't get much higher we're all set. that was a big jump from yesterday! CD has to be just about depleted imo
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
We have the working interest percentages, but 7 or 8 percent X ?????? still equals ???
Do we know what is in the ground for them?
IF this was .25 last two months, and the O/S only went from 49 mill to 66mil, this might be decent.
A repeat again of volume over the O/S on a stock, how NOT unusual:)
I can't get L2's on my Blackberry for some reason, but I have some of this already and will fight for some bottom shares today again.
Posts: 793 | Registered: Aug 2004
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posted
Morning Truth- O/S was around 29Mill it is now 66Mill. People seem to think it will top out around 80-100Mill. Yesterdays volume was just INSANE! Shouldnt take much longer. L2 will clue us in once we start moving on lower volume im all over this.
Posts: 2794 | From: nyc | Registered: Aug 2005
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-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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