Universal Energy Improves Taste, Begins Production at Caviar

Universal Energy Corp., an emerging domestic oil and gas exploration and production company, is pleased to announce that completion procedures have now been finished at its Caviar #1 Prospect.

"We continue our progress into the new year," commented Billy Raley, CEO of Universal Energy Corp. Raley continued, "Having the Caviar #1 well ready for production and beginning completion procedures at Caviar #4 tomorrow puts us in an excellent position for 2008."