Beacon Equity Research Featured Company: Universal Energy Corp. (UVSE.OB)
Universal Energy Corp. (UVSE.OB) is an independent energy company in the business of the acquisition, exploration and development of crude oil and natural gas leases. The Company primarily operates in Louisiana, Texas, and Alberta, Canada, which represent the majority of Universal Energy’s potential reserves. Two prospects have already been drilled in Louisiana and the drilling of three additional wells began in mid-October. Universal Energy expects to achieve steady profitable growth of proven reserves and production by continually expanding its drilling program and optimizing production rates. The company’s primary objective is to increase shareholder value by establishing a well-capitalized growth platform…