Universal Property Development Corporation (fka UPDV)

[hoerud]

Heartland Oil and Gas Corporation Completes Testing on Flow Lines and Prepares to Complete and Attach New Wells in Cherokee Basin Coalbed Methane Field

BALDWIN, Kan., Aug 29, 2007 (BUSINESS WIRE) -- Continuing the progress of its aggressive drilling program in Kansas, Heartland Oil and Gas Corp. (OTC BB: HTOG) (FWB: HOCA) has completed the last of the tests required on the recently installed flow lines including pressure checking the connections to the wells. Heartland's pipeline contractor on the project, Double J Pipeline Construction of Baldwin, Kansas, has attached all the flow lines from the new wells to the field lines and back filled the trenches. Cates Surveying provided support for this pipeline project by performing right of way surveys on several locations in the Lancaster Pilot.

This week, cased hole logs are being run on the first eleven of the wells in preparation for the perforating and frac crews to get started this week to complete the wells and attached them to the sales line. Heartland has selected Maverick Stimulation Company from the several completion bids compiled by Aztec Well Services, Inc., a subsidiary of Universal Property Development and Acquisition Corporation (OTCBB: UPDA) (FWB: UP1), in its role as coordinator of the field program.

Last week, JACAM Chemicals reviewed potential compressor sites to install a salt water treatment pump and took gas and water samples to determine how much chemical would be needed in order to treat the gas before delivery to market. On Saturday, another well location was staked and Heartland started gathering information for title work on the 4 new locations it has staked in preparation for more drilling. Next week, that information will be transmitted to The Miami Title Company in order to confirm lease information.

For further information, visit www.heartlandoilandgas.com.

Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.

SOURCE: Heartland Oil and Gas Corp.

CONTACT: Heartland Oil and Gas Corp.
Jack Baker (Investor Relations), 561-630-2977
[e-mail]


Copyright Business Wire 2007

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KEYWORD: United States
North America
Kansas
Texas
INDUSTRY KEYWORD: Energy
Coal
Oil/Gas
Other Energy
Natural Resources
Mining/Minerals
SUBJECT CODE: Product/Service
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