StockGuru News: Universal Energy Corp. Extends Working Interest Agreement in Prolific Pembina Nisku Area
Universal Energy Corp. Extends Working Interest Agreement in Prolific Pembina Nisku Area Universal Energy Corporation (OTCBB: UVSE) HOUSTON, June 28 /PRNewswire-FirstCall/ — Universal Energy Corp. (OTC Bulletin Board: UVSE.OB - News) after announcing the impending spud of Louisiana drilling projects earlier this week; released, today, that it has extended the agreement for the drilling and production of the Pembina Nisku Reef Project in the prolific oil fields of Alberta, Canada. Billy Raley, CEO of Universal Energy Corp., said “The extension of the Nisku Reef Project agreement through November 15, 2007 will allow us to evaluate additional participation at our optimum…