Universal Energy Corp. reported that production continues at its Amberjack and Lake Campo prospects. Amberjack was placed into production in late December 2007 with Lake Campo following suit during the first part of January 2008. Production of hydrocarbons has reached levels of up to 185 barrels of oil per day and 4.34 million cubic feet of gas per day at Amberjack and Lake Campo, respectively.
"It's exciting to have solid production numbers," commented Dyron Watford, CFO of Universal Energy Corp. Watford continued, "We anticipate the receipt of January's revenues within the next few days."
Most Popular Articles
From the Career Center
Jobs that may interest you