Stock Guru Profile Universal Energy – Blog – News
UNIVERSAL ENERGY – Quantification of RISK Standard Business Procedure for UVSE
This is why ONE oil and gas stock, UVSE should be the ONE you own.
The rockbed foundation of UVSE is risk analysis and Dyron Watford delivers a finite analysis for each project.
Dyron Watford, well trained in risk analysis, factors in 3D Seismic Survey results in his risk analysis.
The map below indicates worldwide locations where the cutting edge technology of 3D Seismic Survey results have been strongly embraced because of it accuracy in prediction.
UVSE has chosen to locate its projects in these same areas.
Risk prior to drilling is analyzed by the use of 3-D seismic surveys and other research techniques. This technology significantly increases UVSE’s opportunity for a higher-return exploration. This is a crucial part of risk management.
Although 3D seismic surveys do not remove all exploration risk, it improves success rates and productive wells will more often be on optimal locations and deliver better production and exhibit slightly longer life.
The costs of a 3D program is offset by the fact that exploration and development efficiency are considerably enhanced by knowledgeable application of the 3D method.
CONTACT:
Universal Energy Corp.
Billy Raley, CEO, (800) 975-2076
braley@universalenergycorp.info
Email: Dyron M. Watford, CFO – dwatford@universalenergycorp.info
Website: www.universalenergycorp.info
30 Skyline Drive
Lake Mary, FL 32746
Phone: (800) 975-2076
Fax: (800) 805-4561
Source: Universal Energy, Reuters, Wall Street Journal, Bloomberg
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, Louisiana and Texas. Visit www.universalenergycorp.info for more details.
Safe Harbor Statement: 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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