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Tuesday, 08/05/2008 10:10:15 AM

Tuesday, August 05, 2008 10:10:15 AM

Post# of 32583
Universal Energy Corp. Announces Increased Production at its Caviar Wells





HOUSTON, Aug. 4 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production company, announced today that gas production has continued increasing at both Caviar #1 and Caviar #4 since initial production began in July.

"We will continue to open up the wells and increase flow as we work them into their final production levels," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "We are extremely pleased with the ease that these wells came online and look forward to many years of substantial production