Universal Energy Corp. has announced that the Caviar pipeline was completed on July 1, 2008. Work has continued over the past few days finalizing the component installation on the production barge.
“I truly feel patriotic beginning production of Caviar # 1 and Caviar #4 on Independence day weekend," commented Billy Raley, CEO of Universal Energy Corp. "In no means do I imply that production from Caviar production will change the energy markets, but if each U.S. E&P company were focused in on drilling domestic prospects as we are, it would create a good start," said Riley.
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