UC Hub Group Inc.(fka UCHB)

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Nebula Stocks LLC: Nebulastocks.com : Presents Exciting Picks That Make Astronomical Gains Brings You - UC Hub Group Inc Pinksheets:UCHB


Dec 04, 2009 (M2 PRESSWIRE via COMTEX) -- Nebulastocks.com is pleased to offer a hot stock alerts service. Investors can receive FREE Stock Alerts by visiting the following link: http://www.nebulastocks.com/

Today's hot alert includes UCHB.PK Press Release Source UC Hub, Inc.

UC Hub Group Hits Oil UC Hub Group Inc (Pinksheets:UCHB - News) announces it has hit oil in the Southern Illinois well. The oil has a 7' to 8' oil zone that the driller has penetrated and he refers to this oil as the Robinson Pay Zone. This is one of the multiple potential oil zones UC Hub Group had anticipated as part of the sweet oil production that will occur from this well. This oil pay zone combined with the potential of the other zones is the anticipated compounding oil production strategy of the Company. The Illinois oil well with multiple producing pay zones could potentially result in a lucrative monthly production of oil. The wells in this area have a history of oil production longevity and this well will be better defined as the depth of 1900' is accomplished. The Company could drill many more wells on this 400 acre lease once this well is completed.

The Company has been drilling and repairing equipment straight through the holidays and weekends to reach these pay zones of oil and has successfully drilled to a depth of 1060' today. Now that the driller has confirmed oil in the first pay zone, the Company will repair some of the equipment over the next week and then begin drilling further down to the Basil Penn and Cypress oil pay zones. The Company anticipates more pay zone information over the next few weeks and is in discussions presently with more oil and gas lease opportunities. The Company is excited to share the success of this hard work and effort on the first oil well and thanks the shareholders for their patience.

www.uchub.net

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