The recent acquisitions in gas storage and trading, and higher sales of natural gas, propane, oil and coal will literally fuel the bottom line of UBRG in 2012. The company has shown consistent sales and double-digit growth. Sales have climbed from $41 million in 2010 to $71 million in 2011.
* UBRG entered advanced negotiations for natural gas storage with a large U.S. distributor. * Their subsidiary, NDR Energy Group, is in final negotiations to supply natural gas for two multi-billion dollar energy companies. * UBRG outlined a strategy to add new profit centers by taking over service providers in the natural gas supply and distribution business. * UBRG announced the sale of 2.53 billion cubic feet of natural gas in January raising the 2012 annual revenue projections to over $200 million.
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