United Energy Corp /NV/ - Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Expires: January 31, 2008 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

SILVER JACK

2. Date of Event Requiring Statement (MM/DD/YYYY) 1/25/2008

3. Issuer Name and Ticker or Trading Symbol

UNITED ENERGY CORP /NV/ [UNRG.OB]

(Last) (First) (Middle)

660 MADISON AVENUE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

NEW YORK, NY 10021

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2313333	I	By Trust(1)

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Warrent ⁽²⁾	⁽⁴⁾	3/18/2010	Common Stock	266667	$1.00	I	By Trust(1)
Series A Warrent ⁽²⁾	⁽⁴⁾	8/25/2010	Common Stock	33333	$1.00	I	By Trust(1)
Series A Warrent ⁽²⁾	⁽⁴⁾	12/9/2010	Common Stock	125000	$1.00	I	By Trust(1)
Series A Warrent ⁽²⁾	⁽⁴⁾	1/26/2011	Common Stock	241667	$1.00	I	By Trust(1)
Series B Warrent ⁽²⁾	⁽⁴⁾	3/9/2011	Common Stock	12000	$1.00	I	By Trust(1)
Series C Warrent ⁽²⁾	⁽⁴⁾	3/9/2011	Common Stock	5004000	$1.00	I	By Trust(1)
Series A Warrant Convertible Preferred Stock ⁽²⁾ ⁽³⁾	⁽⁴⁾	⁽⁵⁾	Common Stock	24000	$1.00	I	By Trust(1) ⁽¹⁾

Explanation of Responses:
( 1)	Held by Sherleigh Associates Inc. Profit Sharing Plan ("Sherleigh"), a trust of which Mr.Silver is the trustee.
( 2)	The Series A Warrant, Series B Warrant, Series C Warrant and Series A Convertible Preferred Stock provide that they cannot be exercised or converted to the extent following such exercise or conversion, the holder or its affiliates would beneficially own more than 9.99% of the total number of issued and outstanding shares of Common Stock of the issuer. Mr. Silver disclaims "beneficial ownership" of the shares of Common Stock underlying such warrants and preferred stock to the extent such warrants and preferred stock may not be exercised or converted within 60 days by reason of such limitation.
( 3)	Sherleigh is the holder of 3 shares of Series A Convertible Preferred Stock. Each such share of preferred stock is convertible into 8,000 shares of Common Stock.
( 4)	Immediately.
( 5)	N/A

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SILVER JACK 660 MADISON AVENUE NEW YORK, NY 10021	X

Signatures
/s/ Jack Silver		1/31/2008
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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