Universal's Production Success Continues at Amberjack, Lake Campo

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."


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Automation Systems Analyst II
Expertise: Business Development
Location: Houston, TX
Automation Engineering Manager
Expertise: Electrical Engineering|Engineering Manager
Location: Houston, TX
Instrumentation & Electrical Project Estimator
Expertise: Electrician|Estimating|Project Management
Location: Spring, TX
search for more jobs

Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
Updated in last 24 hours