United Energy Corp. Announces Distribution Agreement With Hurt Co.
May 02 2006 - 9:44AM
PR Newswire (US)
SECAUCUS, N.J., May 2 /PRNewswire-FirstCall/ -- United Energy Corp.
(UNRG.OB) is pleased to announce it has entered into a
non-exclusive Distribution Agreement with Hurt Co. (Hurt) for the
sale and distribution of chemical products including United's
K-line of patented specialty chemical solutions for the oil and gas
industry. The Agreement does not provide for any specific minimum
amounts to be purchased and covers the territories of Texas and
Louisiana. The Hurt Co. was founded in 1958 and is a third
generation family owned business headquartered in Houston, TX. Hurt
is primarily engaged in the marketing of refined petroleum products
and related items and services. Hurt has over 45 years of providing
high quality service to its customers in the petrochemical,
transportation, construction, mining, and manufacturing industries.
Commenting on the news, United Energy's CEO, Brian King stated, "We
are pleased to have entered into a business relationship with Hurt
with their long standing reputation for providing customers with
high quality service. With Hurt's many contacts in the refinery
business we are confident that this relationship will introduce
United Energy's K-line of patented chemical solutions to many new
potential customers. This Agreement represents another positive
step towards achieving United Energy's goal of securing multiple,
diverse, professional channels of distribution for our line of
specialty chemicals." United Energy Corp., (UNRG) is headquartered
in Secaucus, NJ and is primarily engaged in the development and
marketing of specialty chemical solutions for the oil and gas
industry. United's K-Line of products have proven effective in
stimulating oil well production in wells plagued with paraffin and
asphaltene, reducing viscosity and drag in pipelines and in
recovering oil from sludge in large storage tanks. Except for the
historical information herein, the matters discussed in this news
release include forward-looking statements that may involve a
number of risks and uncertainties. Actual results may vary
significantly based on a number of factors, including, but not
limited to, risks in the product and technology development, market
acceptance of the new products and continuing product demand, the
impact of competitive products and pricing, changing economic
conditions, including changes in short-term interest rates and
foreign currency fluctuations and other risk factors detailed in
United Energy's most recent periodic reports pursuant to the
Securities and Exchange Act of 1934 and other filings with the
Securities and Exchange Commission. United Energy Contact: Robert
Guinta (201) 842-0288 DATASOURCE: United Energy Corp. CONTACT:
Robert Guinta of United Energy, +1-201-842-0288, or Web site:
http://www.unrg.net/
Copyright