"Revenue growth for Universal Energy is through the drill bit," commented Billy Raley, Chief Executive Officer of Universal Energy Corp.
In February 2010, management of Universal Energy Corp. attended the Nape Expo in Houston, Texas. The Nape Expo is the world's largest exploration and production (upstream) expo providing a marketplace for buying and selling of oil and gas prospects worldwide.
Raley continued, "At NAPE, we identified a series of oil and gas prospects for our 2010 drilling campaign. Over the past few weeks, we have analyzed the prospect data and we are now prepared to begin the process of selecting individual prospects for our 2010 drilling campaign. This year's campaign will diversify our production outside of the gulf coast area into other productive risk-averse fields within the U.S."
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