Universal Energy Corp. Launches Aggressive 2009 Acquisition Plan

Universal Energy Corp., an emerging U.S. oil and gas exploration and production company, announced today the launch of its acquisition plan for 2009. “The decline in commodity prices over the past few months has brought about opportunities like I’ve never seen before,” commented Billy Raley, Chief Executive Officer of Universal Energy... 

Universal Receives Exchange Approvals

Universal Power Corp. announced that further to its news releases dated June 24, 2008 and July 21, 2008 the TSX Venture Exchange (“TSX-V”) has accepted for filing the transactions to acquire a 30% carried interest in Petroleum Exploration Licence (“EL”) 2815 off – shore Namibia and purchase an additional 70% of Kunene Energy...