Universal Energy Successful at Caviar Prospect
Universal Energy has completed drilling operations at its Caviar #4 Prospect. The well logs for Caviar #4 displayed pay zones in excess of sixty feet of gas pay. Production from this prospect will begin in the first quarter of 2008.
"We continue to make excellent progress," commented Billy Raley, CEO of Universal Energy Corp. Raley concluded, "The production from our drilling successes at Amberjack, Caviar #1, Lake Campo and Caviar #4 will make for a wonderful year for Universal Energy in 2008."
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