DALLAS, Oct. 19, 2007 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has released a new, exclusive executive interview with Dyron M. Watford, Chief Financial Officer of Universal Energy Corp. (OTCBB:UVSE). During the interview, Mr. Watford discusses the Company's nine individual drilling prospects and the revenue and reserve potential of several of the wells. Additionally, Mr. Watford describes the Company's plan to drill and bring to production the nine current prospects by the end of 2007 in order to maintain shareholder value and secure working capital for future prospect acquisition.
To listen to the StockGuru.com interview with Dyron M. Watford, Chief Financial Officer of Universal Energy Corp., please visit:
http://www.stockguru.com/podcasts/?p=17
To view the StockGuru.com Profile for Universal Energy Corp., please visit:
http://www.stockguru.com/profiles/uvse
About Universal Energy Corp.
Universal Energy Corp. is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada. 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 Alberta, Canada; Texas, and Louisiana. Visit www.universalenergycorp.info for more details.
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All statements, other than statements of historical fact, included in this press release are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated. The Company makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration opportunities being fewer than currently anticipated. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings.
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