MISSISSAUGA, Ontario, Oct. 12, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Universal Energy Corp. (OTCBB:UVSE).
Universal Energy Corp. is an independent diversified energy company engaged in the acquisition of crude oil and natural gas leases in the United States and Canada. With two energy business subsidiaries, Universal Explorations Inc. and Universal Energy Services Inc., we pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise.
Growth in the Chinese and Indian economies has helped push world oil prices to record highs and most analysts suggest that this is not just a "passing phenomenon." With many oil producing countries in decline, new supply has been slow coming to market causing the beginning of a drastic increase in the price of barrels of oil.
Some Corporate Highlights for Universal Energy Corp. Include:
* Reserve potential for the Amberjack prospect is 10.7 Billions of Cubic Feet Equivalent (BCFE), with an expected flow rate of 5-8 Million Cubic Feet per day (MMCF/D). * The four Caviar 3-D prospects, which are located within 5 miles of each other have a total reserve potential of 4.7 Million Barrels of Oil Equivalent (MMBOE). * Yuma's East OMG 3D prospect is located in Cameron Parish, Louisiana. This prospect is adjacent to but separated by one large fault from the 500+ Billions of Cubic Feet Equivalent (BCFE) Chalkley Miogyp field.
A complete UVSE profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/uvse.asp
About AllPennyStocks.com Media Inc.:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Universal Energy Corp. (OTCBB:UVSE); the amount is three thousand dollars by a non-affiliated third-party, StockGuru for its efforts in presenting the UVSE profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/uvse.asp